Fairfield Realty Sells Multifamily Property On Columbus Ave In Boston For $4.1M
520 Columbus Avenue, Boston, Massachusetts 02118, United States
$4,100,000
$705/SF
Building Size
5,816 SF
Asset Type
MultiFamily
Closing
Sep 25, 2022
AI
A multifamily property located at 520 Columbus Ave in Boston, MA was recently sold for $4,100,000. The property has a total square footage of 5,816 square feet, resulting in a price per square foot of $705.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,100,000
- Address: 520 Columbus Ave, Boston, MA
- Market: Boston, MA
- Broker: Paul Gleason - Fairfield Realty
The sale of this multifamily property was facilitated by Paul Gleason of Fairfield Realty. He represented the buyer or seller in this transaction, ensuring a smooth process for both parties involved.
Players
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93