Updated Nov 12, 2026
Joe Curtis Sells Multifamily Property In South Boston For $1.5M With Buyer's Rep Giancarlo Tiberi & Zach Barron
542-544 East Seventh Street
$1,500,000
$492/SF
Building Size
3,048 SF
Asset Type
MultiFamily
Closing
Nov 2, 2026
About this deal
AI
This multi-family property, located at 542-544 East Seventh Street in South Boston, MA, features two units with a total square footage of 3,048. The asset has been sold for $1,500,000, which equates to a price per unit of $750,000 and a price per square foot of $492.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,500,000
- Units: 2
- Square Footage: 3,048
- Price Per Unit: $750,000
- Price Per Square Foot: $492
- Seller: Joe Curtis
- Buyer's Representative: Giancarlo Tiberi & Zach Barron - Core Property Group
The transaction was represented by Giancarlo Tiberi and Zach Barron from Core Property Group, emphasizing the off-market investment opportunity in this desirable area of South Boston. Their involvement illustrates the comprehensive services offered by Core Property Group, which is prominent in the multifamily asset market in Greater Boston.
On the Map
$1,500,000
$492/SF
MultiFamily
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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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93