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556-560 Warren St, Boston, ...

Updated Dec 19, 2023

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

About this deal

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.

On the Map

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$1,700,000

$198/SF

MultiFamily

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Players

Amid El Khoury

Advise Realty

Broker

$3M

vol

2 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $198 per square foot on a published $1.7M for 8,584 square feet (2021).

Visit Amid El Khoury to view all their deals.

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

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