facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

53-55 White Street, Boston,...

Updated Dec 18, 2023

Richard Palladino Of CENTURY 21 North East Sells Multifamily Property On White St In Boston, MA For $1.875M
SOLDMultiFamily

Richard Palladino Of CENTURY 21 North East Sells Multifamily Property On White St In Boston, MA For $1.875M

53-55 White Street, Boston, Massachusetts 02128, United States

$1,875,000

$250/SF

Building Size

7,480 SF

Asset Type

MultiFamily

Closing

Mar 17, 2022

About this deal

AI

A multifamily property located at 53-55 White St in Boston, MA has recently been sold for $1,875,000. The transaction took place on March 18, 2022. The property spans approximately 7,480 square feet, resulting in a price per square foot of $251.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,875,000
  • Address: 53-55 White St, Boston, MA
  • Market: Boston, MA
  • Square Footage: 7,480
  • Price per Square Foot: $251

The sale was facilitated by Richard Palladino from CENTURY 21 North East, who acted as the broker representing the parties involved in the transaction.

Players

Richard Palladino

Century 21

Broker

$1.9M

vol

1 deal

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $250 per square foot on a published $1.9M for 7,480 square feet (2022).

Visit Century 21 to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.46%

Cash-on-Cash

-2.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets