Updated Dec 21, 2023
Bulfinch Acquires East Boston Multifamily For $1.15M With Moulay Guessous & Javier Bedoya
203 London Street, East Boston, Massachusetts 02128, United States
$1,150,000
$406/SF
Building Size
2,832 SF
Asset Type
MultiFamily
Closing
May 30, 2022
About this deal
AI
The multifamily property located at 203 London St in East Boston, MA has been sold in a closed transaction. The sale price for this property was $1,150,000, and it offers a total of 2,832 square feet of space. The price per square foot for this transaction was $406.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Square Feet: 2,832
- Price per Square Foot: $406
- Address: 203 London St, East Boston, MA
- Market: East Boston, MA
The buyer's representative in this transaction was Moulay Guessous from Bulfinch - Back Bay, while the seller's representative was Javier Bedoya from Century 21 Mario Real Estate.
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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93