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Edward Mazurkiewicz & Steven Ward Facilitate $1.05M Multifamily Sale In Boston

Property Image
SOLD
$1,050,000
Steven (Steve) Ward
Edward Mazurkiewicz

Massachusetts

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MultiFamily3,380 SF
Sold 04/16/2024
the dealplayerscompscontact
Property Image
SOLD

Edward Mazurkiewicz & Steven Ward Facilitate $1.05M Multifamily Sale In Boston

5-7 Avalon Road

See Similar Deals
MultiFamily3,380 SF
Sold 04/16/2024
Steven (Steve) Ward
Edward Mazurkiewicz
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$310
Total Square Footage:3,380 SF
Transaction Type:Sale

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

Steven (Steve) Ward
Re/Max
Steven Ward
4 deals$5.3M volume(585) 703-9400
BROKER
Edward Mazurkiewicz
Elite Real Estate Services
Edward Mazurkiewicz
1 deal$1.1M volume(617) 398-0416
BROKER

Details

SOLD
IMAGE: Edward Mazurkiewicz & Steven Ward DATE: 04/16/2024 ADDRESS: 5-7 Avalon Road MARKET: Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Edward Mazurkiewicz - Elite Real Estate Services SELLER'S REP: Steven Ward - Re/Max (@Remax) SALE PRICE: $1,050,000 SF: 3,380 ~ PPSF: $311 NOTE: 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.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$55,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43