Updated Dec 4, 2024
Griffin Realty Group Acquires Multifamily Property In Charlestown For $1.9M
26 Concord Street
$1,900,000
$537/SF
Building Size
3,538 SF
Asset Type
MultiFamily
Closing
Nov 29, 2023
About this deal
AI
A multifamily property located at 26 Concord Street in Charlestown, MA, was recently sold for $1,900,000. The property spans 3,538 square feet, resulting in a price per square foot of $537.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,900,000
- Address: 26 Concord Street, Charlestown, MA
- Market: Charlestown, MA
- Buyer's Representative: John Griffin - Griffin Realty Group
- Seller's Representative: Claire Shea - Coldwell Banker
The buyer, represented by John Griffin of Griffin Realty Group, and the seller, represented by Claire Shea of Coldwell Banker, finalized the transaction to secure the sale of the property.
On the Map
$1,900,000
$537/SF
MultiFamily
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Players
Charlestown 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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93