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17 Wachusett Street, Boston...

Sean Packard & Centre Realty Group Acquire Multifamily Property On Wachusett St In Boston For $1.4M
SOLDMultiFamily

Sean Packard & Centre Realty Group Acquire Multifamily Property On Wachusett St In Boston For $1.4M

17 Wachusett Street, Boston, Massachusetts, USA

$1,400,000

$337/SF

Building Size

4,149 SF

Asset Type

MultiFamily

Closing

Oct 21, 2021

AI

A multifamily property located at 17 Wachusett St in Boston, MA, has been sold in a closed transaction. The property consists of three units with a total area of 4,149 square feet. The sale price for this property was $1,400,000, resulting in a price per unit of $466,667. The price per square foot was calculated at $337.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,400,000
  • Address: 17 Wachusett St, Boston, MA
  • Market: Boston, MA
  • Units: 3
  • Price per Unit: $466,667
  • Total Square Footage: 4,149
  • Price per Square Foot: $337

The buyer's representative in this transaction was Sean Packard from Centre Realty Group, while the seller's representative was Joanna Edwards from Thumbprint Realty.

Players

Sean Packard

Centre Realty Group

Broker

$41.2M

vol

19 deals

Broker

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