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273-275 Roslindale Avenue

Deborah M. Gordon Of Coldwell Banker Represents Buyer In $1.215M Roslindale Multifamily Sale
SOLDMultiFamily

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

Deborah M. Gordon

Coldwell Banker

Broker

$3.2M

vol

2 deals

Broker

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