facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

229 Centre St, Boston, Mass...

Updated Dec 21, 2023

$1.25M Multifamily Sale In Boston, MA At 229 Centre St By Kerry Dowlin - Leading Edge Real Estate
SOLDMultiFamily

$1.25M Multifamily Sale In Boston, MA At 229 Centre St By Kerry Dowlin - Leading Edge Real Estate

229 Centre St, Boston, Massachusetts, USA

$1,250,000

$332/SF

Building Size

3,762 SF

Asset Type

MultiFamily

Closing

May 16, 2021

About this deal

AI

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,250,000
  • Date: 05/17/2021
  • Address: 229 Centre St, Boston, MA
  • Market: Boston, MA

The multifamily property located at 229 Centre St in Boston, MA was sold for a total of $1,250,000 on 05/17/2021. The property spans across 3,762 square feet, resulting in a price per square foot of $332.

The transaction was facilitated by Kerry Dowlin, a broker from Leading Edge Real Estate.

The multifamily sale at 229 Centre St, Boston, Massachusetts, USA in Boston, Massachusetts sold for $1.3M in 2021. The building is 3,762 square feet, implying about 332 per square foot on the published price. Kerry Dowlin, Leading Edge Real Estate appear on the sale alongside Leading Edge Real Estate. This page is the Boston, Massachusetts file for the 229 Centre St, Boston, Massachusetts, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 229 Centre St, Boston, Massachusetts, USA around 2021. Published consideration for 229 Centre St, Boston, Massachusetts, USA is $1.3M, dated 2021. Cite this $1.25M Multifamily Sale In Boston, MA At 229 Centre St By Kerry Dowlin - Leading Edge Real Estate sale when underwriting similar multifamily product around Boston, Massachusetts.

Players

Kerry Dowlin

Leading Edge Real Estate

Broker

$11.9M

vol

9 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $332 per square foot on a published $1.3M for 3,762 square feet (2021).

Visit Kerry Dowlin to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets