Updated Feb 18, 2025
Historic Boston Incorporated Sells Multifamily Property At 681-683 Washington Street For $3.3M
681 683 Washington Street
$3,300,000
$384/SF
Building Size
8,580 SF
Asset Type
MultiFamily
Closing
Feb 13, 2025
About this deal
AI
This multi-family property located at 681-683 Washington Street in Boston, MA, involves a sale transaction. The property has a sale price of $3,300,000 and comprises 5 units spread over a total square footage of 8,580. The price per unit is $660,000, while the price per square foot is $384.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,300,000
- Seller: Historic Boston Incorporated
- Broker: Collin Bray - Century 21
- Total Units: 5
- Square Footage: 8,580
- Price Per Unit: $660,000
- Price Per Square Foot: $384
- Date of Sale: 02/13/2025
Collin Bray represented the seller, Historic Boston Incorporated, in this transaction, facilitating the sale process and ensuring all necessary details were managed effectively throughout the deal.
On the Map
$3,300,000
$384/SF
MultiFamily
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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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93