William Raveis Real Estate - Boston - South End Sells Multifamily Property In Boston, MA For $5.2M
44-46 Lexington Street, Springfield, Massachusetts 01107, United States
$5,175,000
$490/SF
Building Size
10,543 SF
Asset Type
MultiFamily
Closing
Jun 29, 2022
AI
The multifamily property located at 44-46 Lexington St in Boston, MA has been sold for $5,175,000. The property spans across 10,543 square feet, resulting in a price per square foot of $491.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,175,000
- Address: 44-46 Lexington St, Boston, MA
- Market: Boston, MA
The buyer's representative for this transaction was Matthew Petty from FRAME Residential. The seller's representative was The Residential Group from William Raveis Real Estate - Boston - South End.
Springfield MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.07%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93