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
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