Adam Duffy Acquires Multifamily Property In Roxbury For $2.65M
50-52 Townsend Street
$2,650,000
$444/SF
Building Size
5,958 SF
Asset Type
MultiFamily
Closing
Sep 5, 2023
AI
A multifamily property located at 50-52 Townsend Street in Roxbury, MA has been sold for $2,650,000. The property spans across 5,958 square feet, resulting in a price per square foot of $445.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $2,650,000
- Square Footage: 5,958
- Price Per Square Foot: $445
- Address: 50-52 Townsend Street, Roxbury, MA
- Market: Roxbury, MA
Adam Duffy of The O'Rourke Group Real Estate Professionals LLC represented the buyer in this transaction, while The Residential Group, represented by William Raveis Real Estate - Boston - South End, represented the seller.
Note: The Roxbury, MA multifamily property at 50-52 Townsend Street was sold for $2,650,000, with Adam Duffy representing the buyer and The Residential Group representing the seller.
Players
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
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93