Updated Sep 5, 2024
Rooney Real Estate Acquires Multifamily Property In Boston For $2M
174 W 7th St, South Boston, MA 02127
$2,000,000
$701/SF
Building Size
2,850 SF
Asset Type
MultiFamily
Closing
Nov 24, 2021
About this deal
AI
A multifamily property located at 174 W 7th St in Boston, MA has been sold for a price of $2,000,000. The property spans 2,850 square feet, resulting in a price per square foot of $702.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Square Footage: 2,850
- Price per Square Foot: $702
The sale was facilitated by the Jackie Rooney Team from Rooney Real Estate, LLC.
The multifamily sale at 174 W 7th St, South Boston, MA 02127 in South Boston, Massachusetts sold for $2M in 2021. The building is 2,850 square feet, implying about 701 per square foot on the published price. Jackie Rooney, Rooney Real Estate appear on the sale alongside Rooney Real Estate. This page is the South Boston, Massachusetts file for the 174 W 7th St, South Boston, MA 02127 multifamily sold: pricing, party profiles, and other closed multifamily comps from the same South Boston sit in the Market section below. Filter that South Boston multifamily set by closing date to see what else sold near 174 W 7th St, South Boston, MA 02127 around 2021. Published consideration for 174 W 7th St, South Boston, MA 02127 is $2M, dated 2021. Cite this Rooney Real Estate Acquires Multifamily Property In Boston For $2M sale when underwriting similar multifamily product around South Boston, Massachusetts.
Players
South Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jackie Rooney to view all their deals.
Browse Massachusetts multifamily sales on Traded.
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