facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

14 School St, Charlestown, ...

Broad Sound Real Estate Acquires Charlestown, MA Multifamily For $1.275M
SOLDMultiFamily

Broad Sound Real Estate Acquires Charlestown, MA Multifamily For $1.275M

14 School St, Charlestown, Massachusetts, USA

$1,275,000

$477/SF

Building Size

2,670 SF

Asset Type

MultiFamily

Closing

Jun 21, 2021

AI

Located at 14 School St in Charlestown, MA, this multifamily property was recently sold for $1,275,000. Spanning over 2,670 square feet, the property offers a per square foot price of $478. The transaction took place on June 22, 2021.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $1,275,000
  • Address: 14 School St, Charlestown, MA
  • Market: Charlestown, MA

The seller's representative in this transaction was Patrick Murphy from Coldwell Banker Realty - Beverly, while the buyer's representative was Doug Landry from Broad Sound Real Estate, LLC.

Players

Patrick Murphy

Coldwell Banker

Broker

$4.3M

vol

5 deals

Broker
FinanceBoston
FinanceBostonBrokerage

Boston 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

12.44%

Cash-on-Cash

-3.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93