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15 Jess Street

Union Real Estate & Advisors Living Facilitates $1.21M Sale Of Jamaica Plain Multifamily Property
SOLDMultiFamily

Union Real Estate & Advisors Living Facilitates $1.21M Sale Of Jamaica Plain Multifamily Property

15 Jess Street

$1,210,000

$479/SF

Building Size

2,523 SF

Asset Type

MultiFamily

Closing

Jan 30, 2024

AI

A multifamily property located at 15 Jess Street in Jamaica Plain, MA, was sold for $1,210,000. The property spans 2,523 square feet, resulting in a price per square foot of $480.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,210,000
  • Address: 15 Jess Street
  • Market: Jamaica Plain, MA

Elena M. Lau from Union Real Estate acted as the buyer's representative in the transaction, while the Abode With Us Team from Advisors Living represented the seller.

Players

Elena M. Lau

Equity Union Real Estate

Broker

$1.2M

vol

1 deal

Broker

Jamaica Plain 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

13.11%

Cash-on-Cash

-3.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93