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
West Roxbury 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
15.82%
Cash-on-Cash
-4.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93