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

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SOLD
$1,212,000

Massachusetts

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MultiFamily3,894 SF
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SOLD

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

6 Meyer Street

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MultiFamily3,894 SF
Sold
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$311
Total Square Footage:3894 SF
Transaction Type:Sale

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
13 deals$21.8M volume
BROKER

Details

SOLD
IMAGE: Roberto Magno DATE: 09/29/2023 ADDRESS: 6 Meyer Street MARKET: Roslindale, MA ASSET TYPE: Multifamily BUYER'S REP: Vp Real Estate Team SELLER'S REP: Roberto Magno (@CastlearchAdvisors) - Castlearch Property Advisors SALE PRICE: $1,212,000 SF: 3,894 ~ PPSF: $311 NOTE: A multifamily property located at 6 Meyer Street in Roslindale, Massachusetts, was sold for $1,212,000 at a price per square foot of $311.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,305.99
Cash-on-Cash Return-1.27%
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