Updated Nov 15, 2023
MultiFamily In Roxbury's Fort Hill, MA Sells For $3.95M With The Residential Group - William Raveis Real Estate
2591-2601 Washington Street Boston, Massachusetts 02119, USA
$3,950,000
$356/SF
Building Size
11,096 SF
Asset Type
MultiFamily
Closing
Jun 29, 2023
About this deal
AI
A multi-family property located at 2591-2601 Washington Street in Roxbury's Fort Hill, MA, was sold for $3,950,000 on June 29, 2023. The property spans 11,096 square feet, with a price per square foot of $356.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $3,950,000
- Square Feet: 11,096
- Price per Square Foot: $356
- Address: 2591-2601 Washington Street, Roxbury's Fort Hill, MA
- Market: Roxbury's Fort Hill, MA
- Broker: The Residential Group - William Raveis Real Estate
The sale of the multi-family property at 2591-2601 Washington Street was facilitated by The Residential Group, representing William Raveis Real Estate.
Players
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
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93