facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

12 Ward Court, South Boston...

Updated Dec 21, 2023

Mija Choi Sells 2-Unit Multifamily In South Boston, MA To Qi Y. Lei For $1.5M
SOLDMultiFamily

Mija Choi Sells 2-Unit Multifamily In South Boston, MA To Qi Y. Lei For $1.5M

12 Ward Court, South Boston, Boston, Massachusetts, USA

$1,500,000

$710/SF

Building Size

2,112 SF

Asset Type

MultiFamily

Closing

Feb 25, 2021

About this deal

AI

A multifamily property located at 12 Ward Street in South Boston, MA has been sold in a recent transaction. The property spans a total of 2,112 square feet and was sold for a price of $1,500,000, resulting in a price per square foot of $710. The property consists of 2 units, with a per unit price of $750,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,500,000
  • Address: 12 Ward Street, South Boston, MA
  • Market: South Boston, MA
  • Seller: Mija Choi
  • Buyer: Qi Y. Lei
  • Square Footage: 2,112
  • Price per Square Foot: $710
  • Number of Units: 2
  • Price per Unit: $750,000

Mija Choi was the seller of the property, while Qi Y. Lei was the buyer. Both parties were represented by their respective brokers in the transaction.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $710 per square foot on a published $1.5M for 2,112 square feet (2021).

Browse Massachusetts multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets