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
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:
- Property Type: Multifamily
- Transaction Amount: $3,575,000
- Units: 3
- Price Per Unit: $1,191,667
- Square Footage: 3,613
- Price Per Square Foot: $989
- Buyer's Representative: Christopher Roy - Gibson Sotheby's International Realty
- Seller's Representative: Roberta Orlandino - Coldwell Banker
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
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
4.44%
Cash-on-Cash
-1.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93