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10 Wilmore Street

Adam Garcia Of A Brother's Real Estate Brokerage Sells Multifamily Property For $1.16M
SOLDMultiFamily

Adam Garcia Of A Brother's Real Estate Brokerage Sells Multifamily Property For $1.16M

10 Wilmore Street

$1,160,000

$285/SF

Building Size

4,062 SF

Asset Type

MultiFamily

Closing

Jun 5, 2024

AI

A three-family home located at 10 Wilmore Street in Boston, MA was recently sold for $1,160,000. This multifamily property offers three units with a total of 4,062 square feet. The sale price per unit was $386,667, and the price per square foot was $286.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,160,000
  • Units: 3
  • SF: 4,062
  • PPU: $386,667
  • PPSF: $286
  • Address: 10 Wilmore Street, Boston, MA
  • Market: Boston, MA

The buyer's representative for this transaction was Adam Garcia from A Brother's Real Estate Brokerage, while CJ Lee from Redfin represented the seller. The property features updated units with modern amenities like granite countertops, stainless steel appliances, and in-unit washer & dryer hookups, making it an excellent opportunity for both owner-occupants and investors.

Players

Adam Garcia

Broker

$2.8M

vol

2 deals

Broker

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

13.68%

Cash-on-Cash

-3.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93