Updated Sep 5, 2024
Rooney Real Estate, LLC Sells South Boston Multifamily For $2M
162 O Street, South Boston, Boston, MA, USA
$2,000,000
$740/SF
Building Size
2,700 SF
Asset Type
MultiFamily
Closing
Jul 8, 2020
About this deal
AI
Located in South Boston, the multifamily property at 162 O Street has recently been sold for a price of $2,000,000. This property spans across 2,700 square feet, resulting in a price per square foot of $740. The sale of this asset took place on July 9, 2020.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Square Footage: 2,700
- Price Per Square Foot: $740
- Address: 162 O Street, South Boston
- Market: South Boston
The sale of this multifamily property was facilitated by Jackie Rooney from Rooney Real Estate, LLC, who represented the buyer and seller during the transaction.
On the Map
$2,000,000
$740/SF
MultiFamily
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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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93