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United Real Estate, Llc Acquires Multifamily Property At 66 Hudson Street, Boston For $1.35M

Property Image
SOLD
$1,350,000
Eric Kerr
Susan Fei

Massachusetts

See Similar Deals
MultiFamily3,377 SF
Sold 09/08/2023
the dealplayerscompscontact
Property Image
SOLD

United Real Estate, Llc Acquires Multifamily Property At 66 Hudson Street, Boston For $1.35M

66 Hudson Street

See Similar Deals
MultiFamily3,377 SF
Sold 09/08/2023
Eric Kerr
Susan Fei
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$399
Total Square Footage:3,377 SF
Transaction Type:Sale

A multifamily property located at 66 Hudson Street in Boston, Massachusetts, has been sold for $1,350,000. The property features a total area of 3,377 square feet and was sold at a price per square foot of $400.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,350,000
  • Address: 66 Hudson Street, Boston, MA
  • Market: Boston, MA

The buyer, Susan Fei from United Real Estate, Llc, represented the buyer's side in the transaction, while the seller, Eric Kerr from EWK Realty, acted as the seller's representative.

Players

Eric Kerr
EWK Realty
Eric Kerr
1 deal$1.4M volume(617) 645-6900
BROKER
Susan Fei
United Real Estate
Susan Fei
1 deal$1.4M volume(781) 625-3959
BROKER

Details

SOLD
IMAGE: Susan Fei & Eric Kerr DATE: 09/08/2023 ADDRESS: 66 Hudson Street MARKET: Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Susan Fei - United Real Estate, Llc SELLER'S REP: Eric Kerr - EWK Realty SALE PRICE: $1,350,000 SF: 3,377 ~ PPSF: $400 NOTE: A multifamily property located at 66 Hudson Street in Boston, Massachusetts, was sold for $1,350,000. The transaction involved a 3,377-square-foot property at a price per square foot of $400, with Susan Fei of United Real Estate, Llc representing the buyer, and Eric Kerr of EWK Realty representing the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$72,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,796.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,399.69
Annual Debt Service$76,796.26