Updated Dec 21, 2023
Nikolaos & Dionisos Bakis Acquire Multifamily Property In Roslindale, MA For $1.7M
171 Belgrade Avenue, Roslindale, Boston, MA 02131, USA
$1,700,000
$494/SF
Building Size
3,439 SF
Asset Type
MultiFamily
Closing
Sep 16, 2021
About this deal
AI
A multifamily property located at 171 Belgrade Ave in Roslindale, MA has been sold for a price of $1,700,000. The property consists of 3 units with a total square footage of 3,439. The price per unit is $566,667, and the price per square foot is $494. The sale took place on 09/16/2021 between the buyer, Nikolaos Bakis & Dionisos Bakis, and the seller, Anastasios Giannopoulos.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,700,000
- Address: 171 Belgrade Ave, Roslindale, MA
- Market: Roslindale, MA
- Buyer: Nikolaos Bakis & Dionisos Bakis
- Seller: Anastasios Giannopoulos
- Units: 3
- Price per Unit: $566,667
- Square Footage: 3,439
- Price per Square Foot: $494
The sale of this multifamily property was facilitated by Anastasios Giannopoulos representing the seller. Nikolaos Bakis & Dionisos Bakis sought the services of their representative for this 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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93