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
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
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93