facebook
Traded Co logo
Submit
Daily limit: 0/10

Realty Executives Boston West Acquires East Boston Multifamily For $1.22M

Property Image
SOLD
$1,220,000
Al Abbaspour
Riley Blizard

Massachusetts

See Similar Deals
MultiFamily3,012 SF
Sold 01/16/2024
the dealplayerscompscontact
Property Image
SOLD

Realty Executives Boston West Acquires East Boston Multifamily For $1.22M

11 Thurston Street

See Similar Deals
MultiFamily3,012 SF
Sold 01/16/2024
Al Abbaspour
Riley Blizard
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$405
Total Square Footage:3,012 SF
Transaction Type:Sale

In East Boston, MA, a multifamily property located at 11 Thurston Street was sold for $1,220,000. The property spans a total square footage of 3,012 and was acquired at a price per square foot of $405.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,220,000
  • Square Footage: 3,012
  • Price per Square Foot: $405
  • Address: 11 Thurston Street, East Boston, MA

The transaction was facilitated by Al Abbaspour from Realty Executives Boston West, representing the buyer, and Riley Blizard from Greer Real Estate, representing the seller. Their expertise in the real estate market contributed to a successful conclusion of the deal.

Players

Al Abbaspour
Realty Executives
Al Abbaspour
2 deals$2.4M volume
BROKER
Riley Blizard
Greer Real Estate
Riley Blizard
1 deal$1.2M volume(781) 534-2979
BROKER

Details

SOLD
IMAGE: Riley Blizard & Al Abbaspour DATE: 01/16/2024 ADDRESS: 11 Thurston Street MARKET: East Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Al Abbaspour - Realty Executives Boston West (@RealtyExecutivesBostonWest) SELLER'S REP: Riley Blizard (@Capecod_Collection) - Greer Real Estate SALE PRICE: $1,220,000 SF: 3,012 ~ PPSF: $405 NOTE: In East Boston, MA, a multifamily property located at 11 Thurston Street was sold for $1,220,000. The buyer was represented by Al Abbaspour from Realty Executives Boston West, while the seller was represented by Riley Blizard from Greer Real Estate.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$65,066.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,334.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,783.42
Annual Debt Service$69,401.07