Phoenix Realty Group Acquires Multifamily Property In Boston, MA For $1.3M
122 Boston St, Dorchester, Massachusetts 02125, United States
$1,300,000
$450/SF
Building Size
2,883 SF
Asset Type
MultiFamily
Closing
Dec 22, 2021
AI
A multifamily property located at 122-124 Boston St in Boston, MA was recently sold for $1,300,000. The property spans 2,883 square feet, resulting in a price per square foot of $451. The transaction took place on 12/22/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 122-124 Boston St, Boston, MA
- Square Footage: 2,883
- Price per Square Foot: $451
The buyer's representative in the deal was George Papadopoulos from Phoenix Realty Group, while the seller's representative was Alexander Lisek from eXp Realty.
Note: No additional information regarding the property or the individuals involved in the transaction was available.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93