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Multifamily Property In Roxbury, MA Sold For $2.2M With Buyer's Rep From Keller Williams Realty And Seller's Rep From Vogt Realty Group

Property Image
SOLD
$2,200,000

Massachusetts

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MultiFamily5,645 SF
Sold 11/15/2023
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Property Image
SOLD

Multifamily Property In Roxbury, MA Sold For $2.2M With Buyer's Rep From Keller Williams Realty And Seller's Rep From Vogt Realty Group

43 Parker Hill Avenue

See Similar Deals
MultiFamily5,645 SF
Sold 11/15/2023
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$389
Total Square Footage:5,645 SF
Transaction Type:Sale

A multifamily property at 43 Parker Hill Avenue in Roxbury, MA, has been successfully transacted for a sale price of $2,200,000. The property spans across 5,645 square feet, resulting in a price per square foot of $390.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,200,000
  • Address: 43 Parker Hill Avenue, Roxbury, MA
  • Market: Roxbury, MA

The buyer, represented by Sven Andersen from Keller Williams Realty Boston Northwest, acquired the property. Acting as the seller's representative, Marjorie Vogt from Vogt Realty Group facilitated the transaction.

Players

Sven Andersen
4 deals$6.5M volume
BROKER

Marjorie Vogt
Vogt Realty Group
2 deals$3.3M volume(617) 212-7660
BROKER

Details

SOLD
IMAGE: Sven Andersen & Marjorie Vogt DATE: 11/15/2023 ADDRESS: 43 Parker Hill Avenue MARKET: Roxbury, MA ASSET TYPE: Multifamily BUYER'S REP: Sven Andersen (@SvenAndersenBoston) - Keller Williams Realty Boston Northwest (@KWBostonNorthWest) SELLER'S REP: Marjorie Vogt (@MarjorieVogt) - Vogt Realty Group (@Vogt_Realty_Group) SALE PRICE: $2,200,000 SF: 5,645 ~ PPSF: $390 NOTE: A multifamily property at 43 Parker Hill Avenue in Roxbury, MA, has been successfully transacted for a sale price of $2,200,000. Sven Andersen from Keller Williams Realty Boston Northwest represented the buyer, while Marjorie Vogt of Vogt Realty Group acted as the seller's representative in the deal.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$117,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47