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1 Glasgow St, Boston, Ma 02118

Linda Lee Purchases Multifamily Asset On Glasgow Street From Axel Ragnarsson For $930,000
SOLDMultiFamily

Linda Lee Purchases Multifamily Asset On Glasgow Street From Axel Ragnarsson For $930,000

1 Glasgow St, Boston, Ma 02118

$930,000

$215/SF

Building Size

4,320 SF

Asset Type

MultiFamily

Closing

Feb 1, 2026

AI

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.

Players

Josh Morris

New England Apartment Group

Broker

$21.5M

vol

5 deals

Broker
Linda Lee

Linda Lee

Buyer

$44M

vol

5 deals

Buyer

Mattapan MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

17.06%

Cash-on-Cash

-4.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93