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195-197 I Street

Coldwell Banker Represents Buyer In $1.275M Multifamily Sale On I Street In South Boston, MA
SOLDMultiFamily

Coldwell Banker Represents Buyer In $1.275M Multifamily Sale On I Street In South Boston, MA

195-197 I Street

$1,275,000

$463/SF

Building Size

2,750 SF

Asset Type

MultiFamily

Closing

Jan 23, 2024

AI

In South Boston, MA, a multifamily property located at 195-197 I Street was sold for $1,275,000. The property spans approximately 2,750 square feet, resulting in a price per square foot of $464.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,275,000
  • Address: 195-197 I Street
  • Market: South Boston, MA

In this transaction, Christopher Barthelemy of Coldwell Banker represented the buyer, while John Collins of Capital Residential Group acted as the seller's representative.

Keep in mind that this transaction represents a closed deal and no further information is available.

Players

John Collins

Capital Residential Group

Broker

$1.3M

vol

1 deal

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.44%

Cash-on-Cash

-3.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93