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136 Wilmington Avenue

Multifamily Property At 136 Wilmington Avenue In Boston Sold For $1.025M With Buyer's Rep Linvelle Morton & Seller's Rep Marcia Perry
SOLDMultiFamily

Multifamily Property At 136 Wilmington Avenue In Boston Sold For $1.025M With Buyer's Rep Linvelle Morton & Seller's Rep Marcia Perry

136 Wilmington Avenue

$1,025,000

$262/SF

Building Size

3,900 SF

Asset Type

MultiFamily

Closing

Oct 11, 2023

AI

A multifamily property located at 136 Wilmington Avenue in Boston, Massachusetts, was sold for a sale price of $1,025,000. The property has a total square footage of 3,900, resulting in a price per square foot of $263.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,025,000
  • Address: 136 Wilmington Avenue, Boston, MA
  • Market: Boston, MA

Linvelle Morton from William Raveis Real Estate represented the buyer, while Marcia Perry from Thumbprint Realty represented the seller in the transaction.

Note: This transaction highlights the successful sale of a multifamily property at 136 Wilmington Avenue in Boston, Massachusetts. The buyer, represented by Linvelle Morton of William Raveis Real Estate, acquired the property from the seller, represented by Marcia Perry of Thumbprint Realty.

Players

Marcia Perry

Thumbprint Realty

Broker

$2.2M

vol

2 deals

Broker

Dorchester Center 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

15.48%

Cash-on-Cash

-4.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93