Maria Cesso & Declan O'Toole Facilitate $1.53M Sale Of Charlestown Multifamily
14 School Street
$1,532,000
$573/SF
Building Size
2,670 SF
Asset Type
MultiFamily
Closing
Jun 7, 2024
AI
Located at 14 School St in Boston, MA, this multifamily property was recently sold for $1,532,000. The property consists of a detached 3-family layout and is situated near Charlestown's Monument Square, offering a total of 3 units within 2,670 square feet.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,532,000
- Address: 14 School Street
- Market: Charlestown, MA
- Units: 3
- Price Per Unit: $510,667
- Square Footage: 2,670
- Price per Square Foot: $574
Maria Cesso of Luxury Living Real Estate represented the buyer in this transaction, while Declan O'Toole from SelectRE Bostonmanaged the sale on behalf of the seller, presenting a lucrative opportunity for both parties involved in the deal.
Players
Charlestown 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
10.35%
Cash-on-Cash
-2.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93