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556-560 Warren St, Boston, ...

Kensley Dimmott - Centre Realty Group Sells Multifamily Property On Warren St For $1.7M
SOLDMultiFamily

Kensley Dimmott - Centre Realty Group Sells Multifamily Property On Warren St For $1.7M

556-560 Warren St, Boston, Massachusetts, USA

$1,700,000

$198/SF

Building Size

8,584 SF

Asset Type

MultiFamily

Closing

Apr 28, 2021

AI

Located at 556-560 Warren St in Boston, MA, this multifamily property was recently sold for a price of $1,700,000. The property offers a total square footage of 8,584, resulting in a price per square foot of $198.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,700,000
  • Square Footage: 8,584
  • Price per Square Foot: $198

The seller's representative for this transaction was Kensley Dimmott from the Centre Realty Group, while the buyer was represented by Amid El Khoury from Advise Realty.

Players

Amid El Khoury

Advise Realty

Broker

$3M

vol

2 deals

Broker

Boston 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

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93