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54 Athol Street

Multifamily At 54-56 Athol Street In Allston, MA Sells For $3.2M With Buyer's Rep Ning Sun And Seller's Rep The Residential Group
SOLDMultiFamily

Multifamily At 54-56 Athol Street In Allston, MA Sells For $3.2M With Buyer's Rep Ning Sun And Seller's Rep The Residential Group

54 Athol Street & 56 Athol Street

$3,225,000

$292/SF

Building Size

11,014 SF

Asset Type

MultiFamily

Closing

Nov 13, 2023

AI

In Allston, MA, a multifamily property at 54-56 Athol Street was sold for $3,225,000. The property has a total square footage of 5,507, resulting in a price per square foot of $586.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,225,000
  • Square Footage: 5,507
  • Price Per Square Foot: $586
  • Address: 54-56 Athol Street, Allston, MA
  • Market: Allston, MA

The deal involved buyer representation by Ning Sun of United Real Estate and seller representation by The Residential Group of William Raveis Real Estate - Boston - South End.

Players

Ning Sun

United Real Estate

Broker

$6.3M

vol

3 deals

Broker

Allston 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

4.92%

Cash-on-Cash

-1.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93