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12 Reedsdale Street

Yeongsoon Yi & David Fay Broker $3M Sale Of MultiFamily Property In Allston
SOLDMultiFamily

Yeongsoon Yi & David Fay Broker $3M Sale Of MultiFamily Property In Allston

12 Reedsdale Street

$3,000,000

$728/SF

Building Size

4,118 SF

Asset Type

MultiFamily

Closing

May 21, 2024

AI

Located at 12 Reedsdale Street in Allston, MA, this MultiFamily property was sold for $3,000,000. The property offers condo-quality luxury finishes, hardwood floors, high ceilings, top-of-the-line kitchen and bath finishes with Fisher & Paykel appliances, in-unit laundry, new central air systems, fire & sprinkler systems, and private driveway parking for four vehicles.

Summary of transation details:

  • Property Type: MultiFamily
  • Transaction Amount: $3,000,000
  • Units: 4
  • Price Per Unit: $750,000
  • Square Footage: 4,118
  • Price Per Square Foot: $729
  • Address: 12 Reedsdale Street, Boston, MA 02134
  • Market: Allston, MA
  • Buyer's Rep: Yeongsoon Yi - Premier Realty Group
  • Seller's Rep: David Fay - Re/Max

Yeongsoon Yi from Premier Realty Group represented the buyer in this transaction, while David Fay from Re/Max represented the seller. The deal involved a total of four units with a price per unit of $750,000. The property's features include luxury amenities such as private driveway parking for four vehicles.

Players

David Fay

Re/Max

Broker

$6.1M

vol

3 deals

Broker

Allston 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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93