Linda Lee Purchases Multifamily Asset On Glasgow Street From Axel Ragnarsson For $930,000
SOLD
$930,000
Massachusetts
See Similar DealsMultiFamily4,320 SF
Sold 02/02/2026
SOLD
Linda Lee Purchases Multifamily Asset On Glasgow Street From Axel Ragnarsson For $930,000
1 Glasgow St, Boston, Ma 02118
See Similar DealsMultiFamily4,320 SF
Sold 02/02/2026
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$215
Total Square Footage:4,320 SF
Transaction Type:Sale
The asset involved in this transaction is a multifamily property located at 1 Glasgow Street in Boston, MA. The sale price was $930,000, with a total of 6 units available. The property has a total square footage of 4,320, resulting in a price per unit of $155,000 and a price per square foot of $215.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $930,000
- Units: 6
- Square Footage: 4,320
- Price Per Unit: $155,000
- Price Per Square Foot: $215
- Buyer: Linda Lee
- Seller: Axel Ragnarsson
- Broker: Josh Morris - New England Apartment Group
This transaction highlights the engagement of Linda Lee as the buyer and Axel Ragnarsson as the seller. The brokerage service was provided by Josh Morris, representing the New England Apartment Group, facilitating the process on behalf of the involved parties.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$49,600.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,304.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,408.67
Annual Debt Service$52,904.09
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