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Liyuan Bai Of Advisors Living Represents Buyer In East Boston Multifamily Sale For $2.55M

Property Image
SOLD
$2,550,000

Massachusetts

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MultiFamily8,691 SF
Sold 08/06/2024
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Property Image
SOLD

Liyuan Bai Of Advisors Living Represents Buyer In East Boston Multifamily Sale For $2.55M

21 Ford Street

See Similar Deals
MultiFamily8,691 SF
Sold 08/06/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$293
Total Square Footage:8,691 SF
Transaction Type:Sale

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

Liyuan Bai
2 deals$3.6M volume(484) 682-8329
BROKER

Details

SOLD
IMAGE: Liyuan Bai DATE: 08/06/2024 ADDRESS: 21 Ford Street MARKET: East Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Liyuan Bai (@Liyuan_Bai) - Advisors Living (@AdvisorsLiving) SELLER'S REP: Lina Kriva Homes International - Keller Williams Boston-Metro (@KWBostonMetro) SALE PRICE: $2,550,000 UNITS: 6 ~ PPU: $425,000 SF: 8,691 ~ PPSF: $293 NOTE: The multi-family property at 21 Ford St in East Boston's Orient Heights sold for $2.55 million, featuring 10 bedrooms across multiple units on a 3,600 sq ft lot.

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Deal Type
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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