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Multifamily Property At 136 Wilmington Avenue In Boston Sold For $1.025M With Buyer's Rep Linvelle Morton & Seller's Rep Marcia Perry
SOLD
$1,025,000
Massachusetts
See Similar DealsMultiFamily3,900 SF
Sold 10/11/2023
SOLD
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
See Similar DealsMultiFamily3,900 SF
Sold 10/11/2023
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$262
Total Square Footage:3,900 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$54,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,641.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,859.02
Annual Debt Service$58,308.28
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