Liyuan Bai Of Advisors Living Represents Buyer In East Boston Multifamily Sale For $2.55M
21 Ford Street
$2,550,000
$293/SF
Building Size
8,691 SF
Asset Type
MultiFamily
Closing
Aug 6, 2024
AI
The multifamily property at 21 Ford Street in East Boston, MA, has a sale price of $2,550,000. The asset features 10 bedrooms distributed across 6 units within a total of 8,691 square feet. It is situated on a 3,600 square foot lot.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,550,000
- Units: 6
- Price Per Unit: $425,000
- Square Footage: 8,691
- Price Per Square Foot: $293
- Buyer's Representative: Liyuan Bai - Advisors Living
- Seller's Representative: Lina Kriva Homes International - Keller Williams Boston-Metro
This transaction involved professionals from both sides, with Liyuan Bai representing the buyer and Lina Kriva representing the seller. Their respective agencies played key roles in facilitating the deal within the East Boston market.
Players
East 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
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93