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1431 Tremont Street, Roxbur...

Updated Sep 5, 2024

Terrance Moreau Brokers $2.5M Sale Of Multifamily Property On Tremont St In Boston
SOLDMultiFamily

Terrance Moreau Brokers $2.5M Sale Of Multifamily Property On Tremont St In Boston

1431 Tremont Street, Roxbury, Massachusetts 02120, United States

$2,500,000

$463/SF

Building Size

5,392 SF

Asset Type

MultiFamily

Closing

Apr 20, 2022

About this deal

AI

A multifamily property located at 1431-1433 Tremont St in Boston, MA has been sold for a price of $2,500,000. The property spans across 5,392 square feet and has a price per square foot of $464.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,500,000
  • Address: 1431-1433 Tremont St, Boston, MA
  • Market: Boston, MA

The sale was facilitated by Terrance Moreau from Compass.

The multifamily sale at 1431 Tremont Street, Roxbury, Massachusetts 02120, United States in Boston, Massachusetts sold for $2.5M in 2022. The building is 5,392 square feet, implying about 463 per square foot on the published price. Terrance Moreau, Coldwell Banker, Compass appear on the sale alongside Coldwell Banker, Compass. This page is the Boston, Massachusetts file for the 1431 Tremont Street, Roxbury, Massachusetts 02120, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 1431 Tremont Street, Roxbury, Massachusetts 02120, United States around 2022. Published consideration for 1431 Tremont Street, Roxbury, Massachusetts 02120, United States is $2.5M, dated 2022. Cite this Terrance Moreau Brokers $2.5M Sale Of Multifamily Property On Tremont St In Boston sale when underwriting similar multifamily product around Boston, Massachusetts.

Players

Terrance Moreau

Coldwell Banker

Broker

$3.7M

vol

2 deals

Broker
Compass
CompassBrokerage

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $463 per square foot on a published $2.5M for 5,392 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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