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70 Chandler Street

Updated Dec 4, 2024

Christopher Roy Of Gibson Sotheby's International Realty Represents Buyer In Boston Multifamily Sale For $3.575M
SOLDMultiFamily

Christopher Roy Of Gibson Sotheby's International Realty Represents Buyer In Boston Multifamily Sale For $3.575M

70 Chandler Street

$3,575,000

$989/SF

Building Size

3,613 SF

Asset Type

MultiFamily

Closing

Aug 30, 2024

About this deal

AI

A historic 3-unit South End brownstone located at 70 Chandler Street, Boston, is sold for $3.575 million. The property spans 3,613 square feet and features 5 bedrooms and 4 bathrooms. It includes a penthouse triplex, a parlor-level one-bedroom unit, and a garden-level apartment with a patio. The notable characteristics of the building include high ceilings and period details, along with recent upgrades enhancing its appeal.

Summary of transaction details:

Christopher Roy represents the buyer, while Roberta Orlandino represents the seller in this transaction. The brokerage firms involved are Gibson Sotheby's International Realty and Coldwell Banker.

Players

Roberta Orlandino

Coldwell Banker

Broker

$6.4M

vol

2 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $989 per square foot on a published $3.6M for 3,613 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.44%

Cash-on-Cash

-1.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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