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
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.
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