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Multifamily Property In South Boston, MA Sold For $2.1M With Buyer's Rep Dylan Costello & Seller's Rep John Pentore

Property Image
SOLD
$2,135,000
Dylan Costello
John Pentore

Massachusetts

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MultiFamily3,658 SF
Sold 09/20/2023
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Property Image
SOLD

Multifamily Property In South Boston, MA Sold For $2.1M With Buyer's Rep Dylan Costello & Seller's Rep John Pentore

616 East Sixth Street

See Similar Deals
MultiFamily3,658 SF
Sold 09/20/2023
Dylan Costello
John Pentore
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$583
Total Square Footage:3,658 SF
Transaction Type:Sale

A multifamily property located at 616 East Sixth Street in South Boston, MA has been sold for a total price of $2,135,000. This property offers a total area of 3,658 square feet, resulting in a price per square foot of $584.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,135,000
  • Address: 616 East Sixth Street, South Boston, MA
  • Market: South Boston, MA

Dylan Costello of Coldwell Banker represented the buyer in this transaction, while John Pentore of Horvath & Tremblay represented the seller. Both brokers played a vital role in negotiating the terms of the deal, ensuring a successful transaction for both parties involved.

Players

Dylan Costello
Coldwell Banker
Dylan Costello
8 deals$17.6M volume(617) 642-2061
BROKER
John Pentore
Horvath & Tremblay
John Pentore
99 deals$577.6M volume
BROKER

Details

SOLD
IMAGE: Dylan Costello & John Pentore DATE: 09/20/2023 ADDRESS: 616 East Sixth Street MARKET: South Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Dylan Costello (@MrDylanCos) - Coldwell Banker (@ColdwellBanker) SELLER'S REP: John Pentore (@Juconn) - Horvath & Tremblay SALE PRICE: $2,135,000 SF: 3,658 ~ PPSF: $584 NOTE: Multifamily property at 616 East Sixth Street in South Boston, MA sold for $2,135,000 ($584 PPSF). Dylan Costello of Coldwell Banker represented the buyer and John Pentore of Horvath & Tremblay represented the seller.

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$7,585.20
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