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5 Burr St, Boston, Jamaica ...

Gibson Sotheby's Frann Bilus Acquires Multifamily Property In Boston For $1.875M
SOLDMultiFamily

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

Christian Iantosca

Arborview Realty

Broker

$15M

vol

9 deals

Broker

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