Aranson Maguire Group Acquires Boston Multifamily For $1.55M
60 Lithgow Street, Dorchester, Massachusetts 02124, United States
$1,550,000
$351/SF
Building Size
4,410 SF
Asset Type
MultiFamily
Closing
Jan 19, 2022
AI
A multifamily property located at 60 Lithgow St in Boston, MA was recently sold for $1,550,000. The property spans 4,410 square feet, resulting in a price per square foot of $351. The sale took place on January 19, 2022. The transaction was facilitated by Aranson Maguire Group from Compass.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Square Footage: 4,410
- Price per Square Foot: $351
- Address: 60 Lithgow St, Boston, MA
- Market: Boston, MA
Matt Aranson and Sarah Maguire from Aranson Maguire Group at Compass represented the seller in this transaction.
Players
Boston 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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93