Updated Dec 21, 2023
East West Real Estate, LLC Acquires Multifamily Property In Boston, MA For $3.7M
14 Iroquois Street, Boston, Massachusetts, USA
$3,700,000
$630/SF
Building Size
5,868 SF
Asset Type
MultiFamily
Closing
Nov 19, 2021
About this deal
AI
The multifamily property located at 14 Iroquois St in Boston, MA, was recently sold for a total of $3,700,000. The transaction took place on November 19, 2021. The property spans across 5,868 square feet, resulting in a price per square foot of $631. The sale was facilitated by Zhonghui Zhu from East West Real Estate, LLC, who represented the buyer, and the JT Kelly Team from Keller Williams Realty, who represented the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,700,000
- Address: 14 Iroquois St, Boston, MA
- Market: Boston, MA
- Buyer's Rep: Zhonghui Zhu - East West Real Estate, LLC
- Seller's Rep: JT Kelly Team - Keller Williams Realty
- Square Footage: 5,868
- Price Per Square Foot: $631
Zhonghui Zhu, representing East West Real Estate, LLC, served as the buyer's representative in this transaction. The JT Kelly Team from Keller Williams Realty acted as the seller's representative. These individuals and companies played a crucial role in ensuring a successful sale of the multifamily property at 14 Iroquois St.
Players
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
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93