Updated Dec 4, 2024
South Boston Multifamily Sells For $1.4M With Alex Robinson Real Estate
157 O Street
$1,400,000
$655/SF
Building Size
2,136 SF
Asset Type
MultiFamily
Closing
Sep 5, 2023
About this deal
AI
In South Boston, MA, a multifamily property located at 157 O Street was sold for $1,400,000. The transaction was facilitated by Alex Robinson of Alex Robinson Real Estate. The property comprises 2,136 square feet and has a price per square foot (PPSF) of $655.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Address: 157 O Street
- Market: South Boston, MA
- Square Footage: 2,136
- PPSF: $655
- Broker: Alex Robinson - Alex Robinson Real Estate
Alex Robinson of Alex Robinson Real Estate played a crucial role in facilitating the sale of this multifamily property in South Boston, MA. The transaction showcases the expertise and professionalism of both Alex Robinson and their firm.
South 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93