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6 Meyer Street

Multifamily Property In Roslindale, MA Sells For $1.2M With Vp Real Estate Team And Roberto Magno As Reps
SOLDMultiFamily

Multifamily Property In Roslindale, MA Sells For $1.2M With Vp Real Estate Team And Roberto Magno As Reps

6 Meyer Street

$1,212,000

$311/SF

Building Size

3,894 SF

Asset Type

MultiFamily

Closing

Sep 29, 2023

AI

A multifamily property located at 6 Meyer Street in Roslindale, Massachusetts, was recently sold. The property was sold for a total price of $1,212,000, with a price per square foot of $311. The property spans a total of 3,894 square feet.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,212,000
  • Address: 6 Meyer Street, Roslindale, MA
  • Market: Roslindale, MA
  • Buyer's Rep: Vp Real Estate Team
  • Seller's Rep: Roberto Magno - Castlearch Property Advisors
  • Square Footage: 3,894
  • Price per Square Foot: $311

The buyer in this transaction was represented by the Vp Real Estate Team, while the seller was represented by Roberto Magno from Castlearch Property Advisors. This sale is significant as it highlights the continued demand for multifamily properties in the Roslindale market.

Players

Roberto Magno

Castlearch Property Advisors

Broker

$21.8M

vol

13 deals

Broker

Roslindale 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

13.09%

Cash-on-Cash

-3.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93