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595 East Fifth Street

Updated Nov 13, 2026

Nilan Jayasinghe Purchases 595 East Fifth Street Multifamily In South Boston For $1,518,000
SOLDMultiFamily

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:

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.

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$1,518,000

$565/SF

MultiFamily

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Players

John Federico

Grove Property Group

Broker

$197.2M

vol

57 deals

Broker

Nilan Jayasinghe

Buyer

$1.5M

vol

1 deal

Buyer

South Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $565 per square foot on a published $1.5M for 2,684 square feet (2026).

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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

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