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33 North Margin Street, Bos...

Updated Sep 9, 2024

Nam Win Acquires Multifamily Property In Boston, MA For $3M
SOLDMultiFamily

Nam Win Acquires Multifamily Property In Boston, MA For $3M

33 North Margin Street, Boston, MA 02113, USA

$3,000,000

$1,028/SF

Building Size

2,916 SF

Asset Type

MultiFamily

Closing

Sep 3, 2021

About this deal

AI

Located at 33 North Margin Street in Boston, MA, this multifamily property was recently sold in a successful transaction. The property consists of four units with a total square footage of 2,916. The sale price for this property was $3,000,000, which translates to a price per unit of $750,000. The price per square foot is calculated at $1,029.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,000,000
  • Address: 33 North Margin Street, Boston, MA
  • Market: Boston, MA
  • Buyer: Nam Win
  • Seller: Sam Ting
  • Seller's Representative: Giancarlo Tiberi & John Federico - Core Property Group
  • Asking Price: $3,100,000
  • Units: 4
  • Square Footage: 2,916

The buyer in this transaction is Nam Win, while the seller is Sam Ting. Representing the seller in the deal were Giancarlo Tiberi & John Federico from Core Property Group. The sale of this multifamily property indicates a successful transaction in the Boston, MA market.

Players

Giancarlo Tiberi

Core Property Group

Broker

$95.1M

vol

24 deals

Broker
Greater Metropolitan Real Estate
Greater Metropolitan Real EstateBrokerage

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1K per square foot on a published $3M for 2,916 square feet (2021).

Visit Giancarlo Tiberi to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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