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
South 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
11.76%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93