Updated Dec 21, 2023
Marcus & Millichap Sells Multifamily Property In Boston, MA For $3.76M
3-5 Edwin Street, Boston, Massachusetts 02124, United States
$3,760,000
Units
13
Asset Type
MultiFamily
Closing
Sep 19, 2022
About this deal
AI
A multifamily property located at 3-5 Edwin Street in Boston, MA has been sold. The sale was facilitated by Evan Griffith and Tony Pepdjonovic from Marcus & Millichap. The transaction took place on 09/20/2022, with a sale price of $3,760,000.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,760,000
- Address: 3-5 Edwin Street, Boston, MA
- Market: Boston, MA
- Brokers: Evan Griffith & Tony Pepdjonovic - Marcus & Millichap
- Units: 13
- Price per Unit: $289,231
The sale of the multifamily property at 3-5 Edwin Street was successfully completed by Evan Griffith and Tony Pepdjonovic, representing Marcus & Millichap. This transaction marks a significant milestone in the Boston real estate market.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Tony Pepdjonovic to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.22%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93