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23 Barry St, Boston, Massac...

Boston Trust Realty Group Acquires Multifamily Property On Barry St For $850K
SOLDMultiFamily

Boston Trust Realty Group Acquires Multifamily Property On Barry St For $850K

23 Barry St, Boston, Massachusetts, USA

$850,000

$187/SF

Building Size

4,545 SF

Asset Type

MultiFamily

Closing

Nov 22, 2021

AI

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

Julian Addy

William Raveis Real Estate

Broker

$19.7M

vol

22 deals

Broker
Boston Trust Realty Group
Boston Trust Realty GroupBrokerage

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

18.66%

Cash-on-Cash

-5.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93