Updated Dec 21, 2023
James Keliher Acquires Multifamily Property On W Cedar St, Boston For $4.1M
67 W Cedar St, Boston, Massachusetts, USA
$4,100,000
$632/SF
Building Size
6,480 SF
Asset Type
MultiFamily
Closing
Oct 4, 2021
About this deal
AI
A multifamily property located at 67, 69, and 71 W Cedar St in Boston, MA has been sold for $4,100,000. The property consists of 12 units with an average price per unit of $408,333. The total square footage of the property is 6,480, resulting in a price per square foot of $632.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,100,000
- Address: 67, 69, 71 W Cedar St, Boston, MA
- Units: 12
- Price per Unit: $408,333
- Total Square Footage: 6,480
- Price per Square Foot: $632
The buyer of the property is James Keliher, and the seller is Barbara Tsacoyeanes.
James Keliher represented himself as the buyer in this transaction, while Barbara Tsacoyeanes served as the seller's representative.
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93