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
Mattapan MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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