Updated Dec 21, 2023
Anabela Gomes Of Urban Realty Represents Buyer In $1.075M Multifamily Sale In Boston, MA
18-20 Litchfield Street, Boston, Massachusetts 02135, United States
$1,075,000
$391/SF
Building Size
2,748 SF
Asset Type
MultiFamily
Closing
Dec 6, 2021
About this deal
AI
The multifamily property located at 18-20 Litchfield St in Boston, MA has been sold for a total of $1,075,000. The sale took place on 12/06/2021 and was facilitated by Tina Hill from Prime Realty Group, Inc., representing the seller, and Anabela Gomes from Urban Realty, representing the buyer.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,075,000
- Address: 18-20 Litchfield St
- Market: Boston, MA
- Units: 2
- Price Per Unit: $537,500
- Square Footage: 2,748
- Price Per Square Foot: $391
The two-unit multifamily property spans 2,748 square feet and was sold at a price of $1,075,000, equating to a price per unit of $537,500 and a price per square foot of $391. The successful transaction was brokered by Anabela Gomes from Urban Realty, representing the buyer, and Tina Hill from Prime Realty Group, Inc., representing the seller.
On the Map
$1,075,000
$391/SF
MultiFamily
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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
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93