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Multifamily Home In South Boston Sells For $2.4M With Jackie Rooney As The Broker

Property Image
SOLD
$2,400,000

Massachusetts

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MultiFamily3,416 SF
Sold 08/23/2024
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Property Image
SOLD

Multifamily Home In South Boston Sells For $2.4M With Jackie Rooney As The Broker

116 Marine Road

See Similar Deals
MultiFamily3,416 SF
Sold 08/23/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$702
Total Square Footage:3,416 SF
Transaction Type:Sale

A three-family home located at 116 Marine Road in Boston, MA, sold for $2.4 million. The property encompasses 3,416 square feet and features 7 bedrooms and 6.5 baths across its three units. Built in 1905, it was renovated in 2015 and was sold at a price per square foot of $703.

Summary of transaction details:

This transaction reflects the representation of Jackie Rooney from Rooney Real Estate, who acted as the broker in this sale, facilitating the exchange between parties in this multifamily property deal.

Players

Jackie Rooney
13 deals$22M volume
BROKER

Details

SOLD
IMAGE: Jackie Rooney DATE: 08/23/2024 ADDRESS: 116 Marine Road MARKET: Boston, MA ASSET TYPE: Multifamily BROKER: Jackie Rooney - Rooney Real Estate SALE PRICE: $2,400,000 UNITS: 3 ~ PPU: $800,000 SF: 3,416 ~ PPSF: $703 NOTE: A three-family home in South Boston’s City Point, located one block from M Street Beach, sold for $2.4 million at $703 per sq ft. The property, featuring 7 bedrooms and 6.5 baths across three units, was built in 1905 and renovated in 2015.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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