Chaz Fisher Acquires Multifamily Property On Charles St In Boston, MA For $8.3M
147-149 Charles St, Boston, Massachusetts, USA
$8,300,000
$1,070/SF
Building Size
7,755 SF
Asset Type
MultiFamily
Closing
Oct 6, 2021
AI
Located at 147-149 Charles St in Boston, MA, this multifamily property was recently sold for a total price of $8,300,000. The transaction took place on 10/06/2021 and involved a total of 7 units, resulting in a per unit price of $1,185,714. The property spans across 7,755 square feet, with a price per square foot of $1,070.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $8,300,000
- Address: 147-149 Charles St, Boston, MA
- Market: Boston, MA
- Units: 7
- Price per Unit: $1,185,714
- Square Footage: 7,755
- Price per Square Foot: $1,070
Chaz Fisher was the buyer in this transaction, while Fred Starikov acted as the seller. The sale of this property represents a significant deal in the multifamily market of Boston, MA, further showcasing the strong demand and activity in the real estate industry. Both parties involved in the transaction can be attributed to the successful outcome, exemplifying their expertise in the field of real estate.
Players
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
1.91%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93