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Multifamily Property In South Boston, MA Sells For $2.525M

Property Image
SOLD
$2,525,000

Massachusetts

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MultiFamily3,100 SF
Sold 07/21/2023
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Property Image
SOLD

Multifamily Property In South Boston, MA Sells For $2.525M

744 E 8th StBoston, MA 02127, USA

See Similar Deals
MultiFamily3,100 SF
Sold 07/21/2023
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$814
Total Square Footage:3,100 SF
Transaction Type:Sale

On July 21, 2023, a multifamily property located at 744 E 8th St in South Boston, MA, was sold for $2.525 million. The property spans an area of 3,100 square feet and achieved a price per square foot of $815.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,525,000
  • Address: 744 E 8th St, South Boston, MA
  • Market: South Boston, MA

The buyer's representative in this deal was Perry DiNatale from Perry Dinatale Realty. On the other hand, the seller's representative was the Jackie Rooney Team from Rooney Real Estate, Llc.

Players

Perry DiNatale
Perry DiNatale
4 deals$8.1M volume
BROKER

Details

SOLD
IMAGE: Jackie Rooney DATE: 07/21/2023 ADDRESS: 744 E 8th St MARKET: South Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Perry DiNatale - Perry Dinatale Realty SELLER'S REP: Jackie Rooney Team - Rooney Real Estate, Llc (@RoonEyre) SALE PRICE: $2,525,000 SF: 3,100 ~ PPSF: $815 NOTE: On July 21, 2023, a multifamily property located at 744 E 8th St in South Boston, MA, was sold for $2.525 million. Encompassing 3,100 square feet, the property achieved a price per square foot of $815.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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Cash Flow (Annual)-$8,970.80
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