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
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