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6-8 Charlesview Street

Multifamily Property At 6-8 Charlesview Street Sold For $1.5M In Boston By Tenzin Tsarong
SOLDMultiFamily

Multifamily Property At 6-8 Charlesview Street Sold For $1.5M In Boston By Tenzin Tsarong

6-8 Charlesview Street

$1,500,000

$390/SF

Building Size

3,840 SF

Asset Type

MultiFamily

Closing

Aug 5, 2024

AI

The property at 6-8 Charlesview Street, Boston, is a multifamily home that has been renovated and features large rooms with high ceilings and hardwood floors. It has a high-ceilinged above-ground basement, a small vineyard, and ample parking available. The property sold for a price of $1,500,000 and includes three units. The total square footage of the asset is 3,840, equating to a price per unit of $500,000 and a price per square foot of $391.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,500,000
  • Address: 6-8 Charlesview Street
  • Market: Boston, MA
  • Units: 3
  • Square Feet: 3,840
  • Price Per Unit: $500,000
  • Price Per Square Foot: $391

Tenzin Tsarong from Coldwell Banker represented the transaction, facilitating the sale of this property in the Oak Square, Brighton area. The representation highlights the involvement of established brokerage expertise in the specifics of the deal.

Players

Tenzin Tsarong

Coldwell Banker

Broker

$2.5M

vol

2 deals

Broker

Brighton 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

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93