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69 Montgomery St, Boston, M...

Updated Dec 21, 2023

Compass Represents Buyer In $2.01M Sale Of Boston Multifamily Property
SOLDMultiFamily

Compass Represents Buyer In $2.01M Sale Of Boston Multifamily Property

69 Montgomery St, Boston, Massachusetts, USA

$4,325,000

$825/SF

Building Size

5,237 SF

Asset Type

MultiFamily

Closing

Feb 11, 2021

About this deal

AI

Located at 46 Montgomery St in Boston, MA, this multifamily property was recently sold in a closed transaction. The deal was facilitated by Rob Kilgore of Compass, representing the buyer, and Kim Powers of Coldwell Banker Realty - Milton, representing the seller.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,010,000
  • Square Footage: 2,397
  • Price per Square Foot: $839
  • Address: 46 Montgomery St, Boston, MA
  • Market: Boston, MA

The buyer, represented by Rob Kilgore of Compass, successfully acquired this multifamily property at a sale price of $2,010,000. With a total area of 2,397 square feet, the property offers ample space for its future occupants. The sale price per square foot was recorded at $839. The seller, on the other hand, was represented by Kim Powers of Coldwell Banker Realty - Milton.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $825 per square foot on a published $4.3M for 5,237 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.67%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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