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500 East Sixth Street

Kathleen V Malone Sells Multifamily Property In South Boston For $1.349M With Buyer's Rep Giancarlo Tiberi & Zach Barron
SOLDMultiFamily

Kathleen V Malone Sells Multifamily Property In South Boston For $1.349M With Buyer's Rep Giancarlo Tiberi & Zach Barron

500 East Sixth Street

$1,349,000

$663/SF

Building Size

2,034 SF

Asset Type

MultiFamily

Closing

Mar 16, 2026

AI

The property asset involved in this transaction is a multifamily dwelling located at 500 East Sixth Street in South Boston, MA. It was sold for $1,349,000, encompassing a total area of 2,034 square feet, which translates to a price per square foot of $663.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,349,000
  • Address: 500 East Sixth Street
  • Market: South Boston, MA
  • Square Footage: 2,034
  • Price per Square Foot: $663
  • Seller: Kathleen V Malone
  • Buyer's Representative: Giancarlo Tiberi & Zach Barron - Core Property Group

This transaction was facilitated by Giancarlo Tiberi and Zach Barron of Core Property Group, who represented the buyer in this deal. Core Property Group has successfully sold over $500 million in assets and is a recognized leader in the multifamily asset sector within Greater Boston, managing over $200 million in assets with 20 years of industry experience.

Players

Giancarlo Tiberi

Core Property Group

Broker

$95.1M

vol

24 deals

Broker

South 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

11.76%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93