Updated Dec 4, 2024
Edward Mazurkiewicz & Steven Ward Facilitate $1.05M Multifamily Sale In Boston
5-7 Avalon Road
$1,050,000
$310/SF
Building Size
3,380 SF
Asset Type
MultiFamily
Closing
Apr 16, 2024
About this deal
AI
5-7 Avalon Rd in Boston, MA, sold for $1.05 million, offering a prime opportunity for investors or owner occupants with its spacious and sunny two-family layout in West Roxbury.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 5-7 Avalon Road
- Market: Boston, MA
- Square Footage: 3,380
- Price per Square Foot: $311
Edward Mazurkiewicz of Elite Real Estate Servicesrepresented the buyer in the transaction, while Steven Ward of Re/Max represented the seller, facilitating the successful sale of the multifamily property.
Players
West 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93