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44 Guild Street

John O'Toole Facilitates Sale Of Multifamily Property In Boston For $1.1M
SOLDMultiFamily

John O'Toole Facilitates Sale Of Multifamily Property In Boston For $1.1M

44 Guild Street

$1,100,000

$316/SF

Building Size

3,474 SF

Asset Type

MultiFamily

Closing

May 14, 2024

AI

Located at 44 Guild St in Boston, MA, this multifamily property was sold for $1,100,000. The property consists of 3 units spanning 3,474 square feet, resulting in a price per unit of $366,667 and a price per square foot of $317. The transaction presented a contractor's special in the historic Fort Hill/Roxbury area with expansive views of the Boston skyline.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,100,000
  • Units: 3
  • Price per Unit: $366,667
  • Square Footage: 3,474
  • Price per Square Foot: $317
  • Address: 44 Guild Street
  • Market: Boston, MA

The buyer's representative in this transaction was Groma Team from Groma Realty, LLC, while the seller's representative was John O'Toole from Olde Towne Real Estate. The deal brought together key individuals and companies in the real estate market, showcasing a successful transaction in the Boston area.

Players

John O'Toole

Olde Towne Real Estate

Broker

$2.2M

vol

2 deals

Broker

Roxbury MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93