facebook
Traded Co logo
Submit

High Street Properties Acquires Boston Property At 667 Massachusetts Ave For $4.3M

Property Image
SOLD
$4,300,000

Massachusetts

See Similar Deals
MultiFamily
the dealplayerscompscontact
Property Image
SOLD

High Street Properties Acquires Boston Property At 667 Massachusetts Ave For $4.3M

667 Massachusetts Ave, Boston, MA...

See Similar Deals
MultiFamily
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale

The property asset involved in this transaction is a 10-unit brownstone building located at 667 Massachusetts Ave, Boston, MA. The transaction was completed for a price of $4,300,000.00. The property consists of both one-bedroom and two-bedroom units, specifically five of each. The market for this transaction is Boston, and the property also features access to public transportation via the Silver Line stop on Washington Street.

Summary of transaction details:

  • Property Type: 10-unit brownstone building
  • Transaction Amount: $4,300,000.00
  • Address: 667 Massachusetts Ave, Boston, MA
  • Market: Boston
  • Seller's Representatives: Carl Christie, Dan McGee
  • Buyer: High Street Properties

Carl Christie and Dan McGee of NAI Hunneman represented the undisclosed seller and facilitated the procurement of the buyer, High Street Properties. This transaction highlights the engagement of experienced professionals in arranging the sale within the Boston real estate market.

Players

3 deals$15.3M volume
BROKER

Carl Christie
8 deals$60.3M volume
BROKER

High Street Logistics
BUYER

Details

SOLD
IMAGE: 667 Massachusetts Ave, Boston, MA... MARKET: Boston SELLER'S REP: Carl Christie, Dan McGee BUYER: High Street Properties PRICE: $4,300,000.00 SF: 0

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$229,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,277.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,384.19
Annual Debt Service$244,610.33