Realty Executives Acquires Multifamily Property On Franklin St, Boston For $1.45M
SOLD
$1,450,000
Massachusetts
See Similar DealsMultiFamily4,197 SF
Sold 04/20/2021
SOLD
Realty Executives Acquires Multifamily Property On Franklin St, Boston For $1.45M
134 Franklin Street, Boston, MA, USA
See Similar DealsMultiFamily4,197 SF
Sold 04/20/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$345
Total Square Footage:4,197 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$77,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,151.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,873.74
Annual Debt Service$82,484.88
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