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67 Chester St, Allston, Bos...

Updated Oct 28, 2024

67 Chester St Allston, MA Multifamily Sold For $2.6M By Mei-Li Wang To 67 Chester St LLC
SOLDMultiFamily

67 Chester St Allston, MA Multifamily Sold For $2.6M By Mei-Li Wang To 67 Chester St LLC

67 Chester St, Allston, Boston, MA, USA

$2,600,000

$373/SF

Building Size

6,969 SF

Asset Type

MultiFamily

Closing

Aug 15, 2021

About this deal

AI

A multifamily property located at 67 Chester St in Allston, MA has been sold in a recent transaction. The property consists of 4 units with a total square footage of 6,969. The sale price for this transaction was $2,600,000, resulting in a price per unit of $650,000 and a price per square foot of $373.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,600,000
  • Address: 67 Chester St, Allston, MA
  • Market: Allston, MA
  • Buyer: 67 Chester St Llc
  • Seller: Mei-Li Wang
  • Number of Units: 4
  • Price per Unit: $650,000
  • Total Square Footage: 6,969
  • Price per Square Foot: $373

This transaction saw 67 Chester St LLC as the buyer, while the seller was Mei-Li Wang. The deal was successfully closed on 08/16/2021.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $373 per square foot on a published $2.6M for 6,969 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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