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3 Stafford Street, Roxbury,...

3-5 Stafford House LLC Acquires Multifamily Property In Roxbury, MA For $1.55M
SOLDMultiFamily

3-5 Stafford House LLC Acquires Multifamily Property In Roxbury, MA For $1.55M

3 Stafford Street, Roxbury, Massachusetts 02119, United States

$1,550,000

$258/SF

Building Size

6,000 SF

Asset Type

MultiFamily

Closing

Mar 9, 2022

AI

A multifamily property located at 3 & 5 Stafford St in Roxbury, MA has been sold for a total price of $1,550,000. The property consists of 4 units, with each unit being sold at an average price of $387,500. The total square footage of the property is 6,000, resulting in an average price per square foot of $258.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,550,000
  • Units: 4
  • Price per Unit: $387,500
  • Square Footage: 6,000
  • Price per Square Foot: $258
  • Address: 3 & 5 Stafford St, Roxbury, MA
  • Market: Roxbury, MA

The buyer of the property is 3-5 Stafford House LLC, while the seller is Vitaly Fedosik & Vlad Sirotin. The transaction was facilitated by broker Vlad Sirotin from MIR Realty.

Players

Vlad Sirotin

Broker

$3.8M

vol

3 deals

Broker

Vitaly Fedosik

Seller

$4.8M

vol

4 deals

Seller

Boston 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

10.23%

Cash-on-Cash

-2.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93