facebook
Traded Co logo
Submit

John Collins Acquires MultiFamily Property At 744 East Fourth Street For $2.725M

Property Image
SOLD
$2,725,000

Massachusetts

See Similar Deals
MultiFamily5,579 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

John Collins Acquires MultiFamily Property At 744 East Fourth Street For $2.725M

744 East Fourth Street

See Similar Deals
MultiFamily5,579 SF
Sold
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$488
Total Square Footage:5579 SF
Transaction Type:Sale

The property asset involved in the transaction is a MultiFamily unit located at 744 East Fourth Street in South Boston, MA. The sale was completed with a price of $2,725,000, comprising 4 units. The total square footage of the asset is 5,579, resulting in a price per unit of $681,250 and a price per square foot of $488.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $2,725,000
  • Units: 4
  • Square Feet: 5,579
  • Price Per Unit: $681,250
  • Price Per Square Foot: $488
  • Buyer: John Collins
  • Seller: Anthony Cassis
  • Brokers: Ryan Quinn & John Federico - Grove Property Group
  • Date of Transaction: 8/8/2025

This transaction involved key individuals in real estate, including buyer John Collins and seller Anthony Cassis. The brokers facilitating this deal were Ryan Quinn and John Federico from Grove Property Group, establishing a professional connection in the South Boston market.

Players

John Federico
52 deals$174M volume(617) 812-9035
BROKER

Ryan Quinn
Grove Property Group
40 deals$135.8M volume(617) 285-9363
BROKER

Grove Property Group
BROKERAGE

John Collins
4 deals$10.6M volume
BUYER

Details

SOLD
IMAGE: Ryan Quinn, John Federico DATE: 8/8/2025 ADDRESS: 744 East Fourth Street MARKET: South Boston, MA ASSET TYPE: MultiFamily BUYER: John Collins SELLER: Anthony Cassis BROKERS: Ryan Quinn (@_RyanQuinn) & John Federico (@GPGBoston) - Grove Property Group SALE PRICE: $2,725,000 UNITS: 4 ~ PPU: $681,250 SF: 5,579 ~ PPSF: $488

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$145,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,681.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,917.89
Annual Debt Service$155,014.68