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50-52 Townsend Street

Adam Duffy Acquires Multifamily Property In Roxbury For $2.65M
SOLDMultiFamily

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

Adam Duffy

The O’Rourke Group

Broker

$2.7M

vol

1 deal

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

5.99%

Cash-on-Cash

-1.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93