Updated Nov 13, 2026
Nilan Jayasinghe Purchases 595 East Fifth Street Multifamily In South Boston For $1,518,000
595 East Fifth Street
$1,518,000
$565/SF
Building Size
2,684 SF
Asset Type
MultiFamily
Closing
Sep 29, 2026
About this deal
AI
The property asset involved in this transaction is a MultiFamily building located at 595 East Fifth Street in South Boston, MA. It features 3 units and encompasses a total square footage of 2,684, with a sale price of $1,518,000, which translates to a price per unit of $506,000 and a price per square foot of $565.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,518,000
- Units: 3
- Square Footage: 2,684
- Price per Unit: $506,000
- Price per Square Foot: $565
- Buyer: Nilan Jayasinghe
- Brokers: Ryan Quinn & John Federico - Grove Property Group
- Sale Date: 09/29/2026
In this transaction, Nilan Jayasinghe acted as the buyer, and the brokers representing the deal were Ryan Quinn and John Federico from Grove Property Group, facilitating the sale of the property. Their involvement underscores the professional support provided during this real estate transaction.
On the Map
$1,518,000
$565/SF
MultiFamily
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Players
South 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
10.45%
Cash-on-Cash
-2.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93