Boston Trust Realty Group Acquires Multifamily Property On Barry St For $850K
SOLD
Massachusetts
See Similar DealsMultiFamily4,545 SF
Sold
SOLD
Boston Trust Realty Group Acquires Multifamily Property On Barry St For $850K
23 Barry St, Boston, Massachusetts, USA
See Similar DealsMultiFamily4,545 SF
Sold
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$187
Total Square Footage:4545 SF
Transaction Type:Sale
A multifamily property located at 23-25 Barry St in Boston, MA has been sold for $850,000. The property consists of 3 units with a total square footage of 4,545. The price per unit is $283,333, and the price per square foot is $187.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $850,000
- Units: 3
- Price per Unit: $283,333
- Square Footage: 4,545
- Price per Square Foot: $187
The sale of the property was facilitated by Robert Nichols and Julian Addy from Boston Trust Realty Group.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$45,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,019.88
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,029.43
Annual Debt Service$48,353.20
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