Ryan Bartlett Acquires Multifamily Property In South Boston For $1.85M
665 East Seventh Street
$1,849,000
$495/SF
Building Size
3,732 SF
Asset Type
MultiFamily
Closing
Oct 2, 2023
AI
A multifamily property located at 665 East Seventh Street in South Boston, Massachusetts, was sold for a total of $1,849,000. The property has a total square footage of 3,732, translating to a price per square foot (PPSF) of $495.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,849,000
- Address: 665 East Seventh Street
- Market: South Boston, MA
- Buyer's Representative: Ryan Bartlett - Greater Metropolitan Real Estate
- Seller's Representative: Perry DiNatale - Perry Dinatale Realty
The deal was facilitated by Ryan Bartlett from Greater Metropolitan Real Estate representing the buyer, and Perry DiNatale from Perry Dinatale Realty representing the seller.
Players
South Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.58%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93