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123 Intervale Street

Christian Murray Of North Corner Realty Represents Buyer In Boston Multifamily Sale For $1.48M
SOLDMultiFamily

Christian Murray Of North Corner Realty Represents Buyer In Boston Multifamily Sale For $1.48M

123 Intervale Street

$1,480,000

$338/SF

Building Size

4,375 SF

Asset Type

MultiFamily

Closing

Sep 11, 2024

AI

A fully renovated four-family property located at 123 Intervale Street in Boston, MA, sold for $1,480,000. The property encompasses a total of 4,375 square feet, featuring 10 bedrooms and 7 bathrooms. The building was delivered vacant and represents a turn-key investment opportunity, positioned conveniently near key transit lines and major routes.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,480,000
  • Units: 4
  • Price Per Unit: $370,000
  • Square Footage: 4,375
  • Price Per Square Foot: $338

Christian Murray from North Corner Realty represented the buyer, while Zhimin Huang from Simaku Realty represented the seller in this transaction.

Players

Christian Murray

North Corner Realty

Broker

$4.6M

vol

2 deals

Broker

Dorchester 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

10.72%

Cash-on-Cash

-3.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93