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Advisors Living Acquires Multifamily Property At 41 West Walnut Park In Roxbury, MA For $1.2M
SOLD
$1,238,000
Massachusetts
See Similar DealsMultiFamily2,600 SF
Sold 10/03/2023
SOLD
Advisors Living Acquires Multifamily Property At 41 West Walnut Park In Roxbury, MA For $1.2M
41 West Walnut Park
See Similar DealsMultiFamily2,600 SF
Sold 10/03/2023
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$476
Total Square Footage:2,600 SF
Transaction Type:Sale
A multifamily property located at 41 West Walnut Park in Roxbury, MA was recently sold for a total price of $1,238,000. The property spans 2,600 square feet, resulting in a price per square foot of $476.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,238,000
- Square Footage: 2,600
- Price per Square Foot: $476
- Address: 41 West Walnut Park, Roxbury, MA
- Buyer's Representative: Advisors Living
- Seller's Representative: Markese Daise - Stony Brook & Lennox Realty Advisors
The sale of this multifamily property was facilitated by Advisors Living, representing the buyer, and Markese Daise of Stony Brook & Lennox Realty Advisors, representing the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,026.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,398.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,868.75
Annual Debt Service$70,425.02
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