Deborah M. Gordon Of Coldwell Banker Represents Buyer In $1.215M Roslindale Multifamily Sale
273-275 Roslindale Avenue
$1,215,000
$497/SF
Building Size
2,444 SF
Asset Type
MultiFamily
Closing
Jul 30, 2024
AI
This multifamily property is located at 273-275 Roslindale Avenue in Roslindale, MA. The asset includes 2 units and spans a total of 2,444 square feet. The sale price of the property was $1,215,000, resulting in a price per unit of $607,500 and a price per square foot of $497.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,215,000
- Units: 2
- Square Footage: 2,444
- Price Per Unit: $607,500
- Price Per Square Foot: $497
- Buyer's Representative: Deborah M. Gordon - Coldwell Banker
- Seller's Representative: Andrew Schena - Capital Residential Group
The deal was facilitated by Deborah M. Gordon representing the buyer and Andrew Schena representing the seller. This newly renovated property features modern kitchens and baths, energy-efficient upgrades, and a new electrical system. It also includes a new driveway with off-street parking and offers potential for strong investment due to in-unit laundry and renovated porches.
Players
Roslindale MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.06%
Cash-on-Cash
-3.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93