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171 Belgrade Avenue, Roslin...

Updated Dec 21, 2023

Nikolaos & Dionisos Bakis Acquire Multifamily Property In Roslindale, MA For $1.7M
SOLDMultiFamily

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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Deal FAQ

About $494 per square foot on a published $1.7M for 3,439 square feet (2021).

Browse Massachusetts multifamily sales on Traded.

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

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