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64 North Margin Street, Bos...

Perpetual Acquires Multifamily In Boston, MA For $3.6M
SOLDMultiFamily

Perpetual Acquires Multifamily In Boston, MA For $3.6M

64 North Margin Street, Boston, Massachusetts 02113, United States

$3,605,000

$559/SF

Building Size

6,442 SF

Asset Type

MultiFamily

Closing

Sep 18, 2022

AI

The multifamily property located at 64 N Margin St in Boston, MA has been sold for a price of $3,605,000. The transaction took place on 09/19/2022. The property consists of 5 units, with a price per unit of $721,000. The total square footage of the property is 6,442, resulting in a price per square foot of $560.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $3,605,000
  • Address: 64 N Margin St, Boston, MA
  • Market: Boston, MA
  • Units: 5
  • PPU: $721,000
  • SF: 6,442
  • PPSF: $560

The buyer in this transaction was represented by Thomas Magloczki from Perpetual, while the seller was represented by Eric Shabshelowitz from Cabot & Company.

Players

Eric Shabshelowitz

Cabot & Company

Broker

$16.5M

vol

5 deals

Broker

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

4.40%

Cash-on-Cash

-1.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93