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45 Mozart Street

Updated Dec 4, 2024

Unee Washington Of Uw Realty Company Acquires Multifamily Property In Jamaica Plain For $1.4M
SOLDMultiFamily

Unee Washington Of Uw Realty Company Acquires Multifamily Property In Jamaica Plain For $1.4M

45 Mozart Street & 47 Mozart Street

$1,400,000

$155/SF

Building Size

4,513 SF

Asset Type

MultiFamily

Closing

Dec 20, 2023

About this deal

AI

A multifamily property located at 45-47 Mozart Street in Jamaica Plain, MA, has been sold for a total price of $1,400,000. This property offers a total square footage of 4,513, resulting in a price per square foot of $310.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,400,000
  • Square Footage: 4,513
  • Price Per Square Foot: $310
  • Address: 45-47 Mozart Street, Jamaica Plain, MA
  • Market: Jamaica Plain, MA

The successful transaction involved representation from Unee Washington of Uw Realty Company, who acted as the buyer's representative, and Philip Elias of Elias Group Realty, who represented the seller.

Players

Philip Elias

Elias Group Realty

Broker

$1.4M

vol

1 deal

Broker

Jamaica Plain MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $155 per square foot on a published $1.4M for 9,026 square feet (2023).

Visit Unee Washington to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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