Updated Dec 4, 2024
Ted Pietras Facilitates $2.1M Sale Of South End Multifamily In Boston
12 Upton Street
$2,099,000
Units
2
Asset Type
MultiFamily
Closing
Apr 19, 2024
About this deal
AI
A four-story row house at 12 Upton St in Boston's South End, sold for $2,099,000. The property offers potential for conversion from its current two duplex apartments to a single-family residence.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $2,099,000
- Units: 2
- Price per Unit: $1,049,500
- Address: 12 Upton Street
- Market: Boston, MA
Ted Pietras from Gibson Sotheby's International Realty was the broker for the deal.
The multifamily sale at 12 Upton Street in Boston, Massachusetts sold for $2.1M in 2024. Reported inventory is 2 units across 2 units. Ted Pietras, Sotheby's International Realty appear on the sale alongside Sotheby's International Realty. This page is the Boston, Massachusetts file for the 12 Upton Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 12 Upton Street around 2024. Published consideration for 12 Upton Street is $2.1M, dated 2024. Cite this Ted Pietras Facilitates $2.1M Sale Of South End Multifamily In Boston sale when underwriting similar multifamily product around Boston, Massachusetts.
Boston 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
7.56%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93