Updated Dec 19, 2023
Core Property Group Sells Multifamily Property On High Street In Charlestown, MA For $1.265M
139 High Street, Charlestown, Massachusetts, USA
$1,265,000
$555/SF
Building Size
2,276 SF
Asset Type
MultiFamily
Closing
Jul 8, 2020
About this deal
AI
A multifamily property located at 139 High Street in Charlestown, MA has recently been sold. The transaction took place on 07/08/2021 and was facilitated by Giancarlo Tiberi of Core Property Group. The asking price for the property was $1,275,000, and it was sold for $1,265,000. The property spans across 2,276 square feet, resulting in a price per square foot of $556. It consists of three units, with an average price per unit of $421,666.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,265,000
- Address: 139 High Street, Charlestown, MA
- Market: Charlestown, MA
- Broker: Giancarlo Tiberi - Core Property Group
- Asking Price: $1,275,000
- Square Footage: 2,276
- Price per Square Foot: $556
- Number of Units: 3
- Price per Unit: $421,666
This transaction showcases the expertise of Giancarlo Tiberi from Core Property Group in facilitating the sale of the multifamily property at 139 High Street. The successful negotiation resulted in a sale price of $1,265,000, meeting the expectations of the buyer and seller.
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
12.54%
Cash-on-Cash
-3.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93