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21 Ford Street

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

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

Liyuan Bai

Advisors Living

Broker

$3.6M

vol

2 deals

Broker

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