Updated Sep 9, 2024
Multifamily Property In South Boston, MA Sold For $2.1M
558 E 5th St, Boston, MA 02127, United States
$2,100,000
$634/SF
Building Size
3,311 SF
Asset Type
MultiFamily
Closing
May 1, 2023
About this deal
AI
A multifamily property located at 558 East Fifth Street in South Boston, MA was sold for $2.1 million. The property spans 3,311 square feet, resulting in a price per square foot of $634.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Street Address: 558 East Fifth Street
- Market: South Boston, MA
The sale was facilitated by Denise Cole of Allison James Estates & Homes of MA, LLC.
The multifamily sale at 558 E 5th St, Boston, MA 02127, United States in Boston, Massachusetts sold for $2.1M in 2023. The building is 3,311 square feet, implying about 634 per square foot on the published price. Denise Cole, Allison James Estates & Homes appear on the sale alongside Allison James Estates & Homes. This page is the Boston, Massachusetts file for the 558 E 5th St, Boston, MA 02127, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 558 E 5th St, Boston, MA 02127, United States around 2023. Published consideration for 558 E 5th St, Boston, MA 02127, United States is $2.1M, dated 2023. Cite this Multifamily Property In South Boston, MA Sold For $2.1M sale when underwriting similar multifamily product around Boston, Massachusetts.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93