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132 Marginal Street

132 Marginal Street Multifamily Sells For $1.8M With Buyer's Rep Aleksandra Frasheri And Seller's Rep Thomas Mario
SOLDMultiFamily

132 Marginal Street Multifamily Sells For $1.8M With Buyer's Rep Aleksandra Frasheri And Seller's Rep Thomas Mario

132 Marginal Street

$1,800,000

$661/SF

Building Size

2,720 SF

Asset Type

MultiFamily

Closing

Sep 13, 2023

AI

A multifamily property located at 132 Marginal Street in East Boston, MA, was sold for $1.8 million. This property spans 2,720 square feet and was sold at a price per square foot of $662.

Summary of transaction details

The buyer's representatives in this transaction were Aleksandra Frasheri, Nicoletta Longo, Shelly Tejeda, and Shinika Spencer from CENTURY 21 Cityside. They facilitated the purchase of the multifamily property at 132 Marginal Street. On the other side, the seller's representative was Thomas Mario from CENTURY 21 Mario Real Estate.

Players

Nicoletta Longo

Century 21

Broker

$10.4M

vol

4 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

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93