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.
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