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
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
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93