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2179 Centre Street

Diane Capodilupo & Bill Skerry Facilitate $1.002M Boston Multifamily Sale
SOLDMultiFamily

Diane Capodilupo & Bill Skerry Facilitate $1.002M Boston Multifamily Sale

2179 Centre Street & 2181 Centre Street

$1,002,500

$194/SF

Building Size

5,148 SF

Asset Type

MultiFamily

Closing

Jun 3, 2024

AI

A two-family property at 2179-2181 Centre St in Boston, MA, was sold for $1,002,500, offering an exceptional investment opportunity in a prime West Roxbury location with potential for condo conversion, multi-generational residences, or rental income. The property consists of 2 units with a total square footage of 2,574. The price per unit was $501,250, and the price per square foot was $389.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,002,500
  • Units: 2
  • Square Footage: 2,574
  • Price per Unit: $501,250
  • Price per Square Foot: $389
  • Address: 2179-2181 Centre Street
  • Market: Boston, MA
  • Buyer's Rep: Diane Capodilupo - Diane Capodilupo & Company
  • Seller's Rep: Bill Skerry - Keller Williams

Diane Capodilupo, representing the buyer, and Bill Skerry, representing the seller, were the key individuals involved in this transaction. Diane Capodilupo is from Diane Capodilupo & Company, while Bill Skerry is from Keller Williams. The sale of this multifamily property marks a significant deal in the real estate market of Boston, MA.

Players

Diane Capodilupo

Diane Capodilupo & Company

Broker

$2.3M

vol

2 deals

Broker

West Roxbury MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.82%

Cash-on-Cash

-4.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93