facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

50-52 Julian Street

Jeff Groper & Radhy Pena Facilitate $1.165M Boston Multifamily Sale
SOLDMultiFamily

Jeff Groper & Radhy Pena Facilitate $1.165M Boston Multifamily Sale

50-52 Julian Street

$1,165,000

$258/SF

Building Size

4,499 SF

Asset Type

MultiFamily

Closing

Jun 5, 2024

AI

A sizable Roxbury 3 Decker in Boston, MA, boasting three four-bedroom units with hardwood floors and updated kitchens, sold for $1,165,000. Situated close to parks and highways, the property offers potential for multi-family buyers, with tenants currently paying below market rent, presenting an investment opportunity in the growing Roxbury area.

Summary of transaction details:

Jeff Groper represented the buyer for the transaction, while Radhy Pena served as the seller's representative, facilitating the sale of the multifamily property in Roxbury. Both Coldwell Banker and Pondside Realty played essential roles in ensuring a successful deal for their respective clients.

Players

Radhy Pena

Pondside Realty

Broker

$8.4M

vol

6 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.62%

Cash-on-Cash

-3.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93