Updated Sep 9, 2024
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
About this deal
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.
On the Map
$1,875,000
$528/SF
MultiFamily
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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