Updated Dec 20, 2023
Steven Young Acquires Multifamily Property On Warren Ave In Boston For $3.6M
154 Warren Avenue, Boston, MA, USA
$3,600,000
$953/SF
Building Size
3,775 SF
Asset Type
MultiFamily
Closing
Jul 28, 2021
About this deal
AI
Located at 154 Warren Ave in Boston, MA, this multifamily property has been sold in a recent transaction. The property spans 3,775 square feet and was acquired at a price of $3,600,000, resulting in a price per square foot of $954. The asset consists of three units, with each unit valued at $1,200,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,600,000
- Square Feet: 3,775
- Price per Square Foot: $954
- Address: 154 Warren Ave, Boston, MA
Arthur J. Coury acted as the seller in this transaction, while the buyer was Steven Young.
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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93