Updated Dec 4, 2024
Multifamily Property In Charlestown, MA Sold For $1.51M With Buyer's Rep Jane Reitz & Seller's Rep Andrea Petrino
38 Cross Street
$1,510,000
$756/SF
Building Size
1,996 SF
Asset Type
MultiFamily
Closing
Sep 20, 2023
About this deal
AI
A multifamily property located at 38 Cross Street in Charlestown, MA, was sold for $1,510,000. The transaction involved a 1,996-square-foot property, resulting in a price per square foot of $757.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,510,000
- SF: 1,996
- PPSF: $757
- Address: 38 Cross Street, Charlestown, MA
- Market: Charlestown, MA
Jane Reitz from Reitz Realty Group represented the buyer in this transaction, while Andrea Petrino from RPR served as the seller's representative.
The multifamily sale at 38 Cross Street in Charlestown, Massachusetts sold for $1.5M in 2023. The building is 1,996 square feet, implying about 756 per square foot on the published price. Andrea Petrino, Jane Reitz, RPR, Reitz Realty Group appear on the sale alongside RPR, Reitz Realty Group. This page is the Charlestown, Massachusetts file for the 38 Cross Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Charlestown sit in the Market section below. Filter that Charlestown multifamily set by closing date to see what else sold near 38 Cross Street around 2023. Published consideration for 38 Cross Street is $1.5M, dated 2023. Cite this Multifamily Property In Charlestown, MA Sold For $1.51M With Buyer's Rep Jane Reitz & Seller's Rep Andrea Petrino sale when underwriting similar multifamily product around Charlestown, Massachusetts.
Players
Charlestown MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Andrea Petrino to view all their deals.
Browse Charlestown multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.51%
Cash-on-Cash
-3.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93