Gibson Sotheby's Frann Bilus Acquires Multifamily Property In Boston For $1.875M
5 Burr St, Boston, Jamaica Plain, Massachusetts, USA
$1,875,000
$528/SF
Building Size
3,548 SF
Asset Type
MultiFamily
Closing
May 28, 2020
AI
The multifamily property located at 5 Burr St in Boston, MA was recently sold in a closed transaction. The property spans a total of 3,548 square feet and was sold for $1,875,000, resulting in a price per square foot of $528.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,875,000
- Square Footage: 3,548
- Address: 5 Burr St, Boston, MA
- Market: Boston, MA
Christian Iantosca from Arborview Realty Inc represented the seller in this transaction. Frann Bilus from Gibson Sotheby's International Realty acted as the buyer's representative.
Players
Boston 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
8.46%
Cash-on-Cash
-2.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93