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6 Wigglesworth St, Boston, ...

Updated Dec 20, 2023

Andrew Gordon & Micol Mion Gordon Acquire Multifamily In Roxbury For $1.51M
SOLDMultiFamily

Andrew Gordon & Micol Mion Gordon Acquire Multifamily In Roxbury For $1.51M

6 Wigglesworth St, Boston, MA 02120, USA

$1,510,000

$50/SF

Building Size

29,880 SF

Asset Type

MultiFamily

Closing

May 27, 2020

About this deal

AI

The multifamily property located at 6 Wigglesworth Street in Roxbury has been sold for a total price of $1,510,000. Spanning across 2,988 square feet, this property consists of 4 units, resulting in a price per unit of $377. The sale price per square foot is $505.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,510,000
  • Address: 6 Wigglesworth Street
  • Market: Roxbury
  • Square Footage: 2,988
  • Units: 4
  • Price per Unit: $377
  • Price per Square Foot: $505

The seller of the property was Victoria Holian, while the buyers were Andrew Gordon and Micol Mion Gordon, represented by Stratford Management.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $50 per square foot on a published $1.5M for 29,880 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.51%

Cash-on-Cash

-3.00%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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