Updated Dec 4, 2024
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
Jamaica Plain 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93