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129 Trenton Street

Multifamily Property In East Boston, MA Sold For $2M With Thomas Mario - CENTURY 21 Mario Real Estate
SOLDMultiFamily

Multifamily Property In East Boston, MA Sold For $2M With Thomas Mario - CENTURY 21 Mario Real Estate

129 Trenton Street & 133 Trenton Street

$2,000,000

$196/SF

Building Size

10,184 SF

Asset Type

MultiFamily

Closing

Dec 26, 2023

AI

In East Boston, a multifamily property located at 129-133 Trenton Street has recently been sold. The transaction was facilitated by Thomas Mario from CENTURY 21 Mario Real Estate. The property spans 5,092 square feet and was categorized as a multifamily asset. The sale price for this property amounted to $2,000,000, resulting in a price per square foot of $393.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,000,000

Thomas Mario, representing CENTURY 21 Mario Real Estate, played a crucial role in brokering this successful deal. The specific details of the transaction, such as the sale price and square footage, have been mentioned earlier in the article.

Players

Thomas Mario

Century 21

Broker

$5.4M

vol

3 deals

Broker

East 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

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93