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7 Greenville Street Boston,...

Heath Properties Acquires Multifamily Property In Boston For $1.025M With Buyer's Rep Keith Beardsley
SOLDMultiFamily

Heath Properties Acquires Multifamily Property In Boston For $1.025M With Buyer's Rep Keith Beardsley

7 Greenville Street Boston, MA 02119

$1,025,000

$276/SF

Building Size

3,709 SF

Asset Type

MultiFamily

Closing

Sep 29, 2022

AI

The multifamily property located at 7 Greenville St in Boston, MA has been sold for a total price of $1,025,000. The transaction took place on September 30, 2022. The property consists of 6 units, with an average price per unit of $170,833. The total square footage of the property is 3,709, resulting in a price per square foot of $176. The sale was facilitated by Sean Packard from Centre Realty Group as the seller's representative and Keith Beardsley from Heath Properties as the buyer's representative.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,025,000
  • Units: 6
  • Average Price per Unit: $170,833
  • Total Square Footage: 3,709
  • Price per Square Foot: $176
  • Address: 7 Greenville St, Boston, MA
  • Market: Boston, MA

Sean Packard from Centre Realty Group represented the seller in this transaction, while Keith Beardsley from Heath Properties represented the buyer. The sale of this multifamily property showcases the expertise of both parties in the Boston market.

Players

Sean Packard

Centre Realty Group

Broker

$41.2M

vol

19 deals

Broker

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

15.48%

Cash-on-Cash

-4.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93