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134 Franklin Street, Boston...

Realty Executives Acquires Multifamily Property On Franklin St, Boston For $1.45M
SOLDMultiFamily

Realty Executives Acquires Multifamily Property On Franklin St, Boston For $1.45M

134 Franklin Street, Boston, MA, USA

$1,450,000

$345/SF

Building Size

4,197 SF

Asset Type

MultiFamily

Closing

Apr 19, 2021

AI

A multifamily property located at 134 Franklin St in Boston, MA was recently sold for a price of $1,450,000. The sale took place on April 20, 2021, and the property has a total square footage of 4,197. With a price per square foot (PPSF) of $345, this multifamily asset offers an attractive investment opportunity.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $1,450,000
  • Square Footage: 4,197
  • Price per Square Foot: $345
  • Address: 134 Franklin St, Boston, MA
  • Market: Boston, MA

The sale was facilitated by Ari Koufos, representing Realty Executives. Ari Koufos played a pivotal role in successfully closing this transaction, bringing together the buyer and seller. Realty Executives is a distinguished agency known for their expertise in the Boston real estate market.

Players

Ari Koufos

Realty Executives

Broker

$16.2M

vol

13 deals

Broker

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

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93