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14 School Street

Maria Cesso & Declan O'Toole Facilitate $1.53M Sale Of Charlestown Multifamily
SOLDMultiFamily

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

Declan O'Toole

SelectRE Boston

Broker

$4.2M

vol

3 deals

Broker

Charlestown 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

10.35%

Cash-on-Cash

-2.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93