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148-152 South Street, Bosto...

RE/MAX Realty Pros Sells Multifamily Property On South Street In Boston For $1.485M
SOLDMultiFamily

RE/MAX Realty Pros Sells Multifamily Property On South Street In Boston For $1.485M

148-152 South Street, Boston, Massachusetts, USA

$1,485,000

$322/SF

Building Size

4,608 SF

Asset Type

MultiFamily

Closing

Jan 20, 2021

AI

A multifamily property located at 148-152 South in Boston, MA was recently sold for $1,485,000. The property spans 4,608 square feet, resulting in a price per square foot of $322.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,485,000
  • Address: 148-152 South, Boston, MA
  • Market: Boston, MA

The seller's representative, Judy Hemingway from RE/MAX Realty Pros, facilitated the sale of the property. On the other hand, Zev Steinmetz from William Raveis Real Estate - Brookline represented the buyer in this transaction.

Players

Judy Hemingway

Broker

$1.5M

vol

1 deal

Broker

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

10.68%

Cash-on-Cash

-3.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93