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Multifamily Property At 765 Washington Street In Boston, MA, Sold For $1.55M With Buyer's Rep Adriano Varano & Seller's Rep Lisa Sheehan

Property Image
SOLD
$1,550,000
Adriano Varano
Lisa Sheehan

Massachusetts

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MultiFamily3,327 SF
Sold 10/25/2023
the dealplayerscompscontact
Property Image
SOLD

Multifamily Property At 765 Washington Street In Boston, MA, Sold For $1.55M With Buyer's Rep Adriano Varano & Seller's Rep Lisa Sheehan

765 Washington Street

See Similar Deals
MultiFamily3,327 SF
Sold 10/25/2023
Adriano Varano
Lisa Sheehan
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$465
Total Square Footage:3,327 SF
Transaction Type:Sale

A multifamily property at 765 Washington Street in Boston, MA, has been sold for $1,550,000. The property spans 3,327 square feet, resulting in a price per square foot of $466.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,550,000
  • Address: 765 Washington Street, Boston, MA
  • Market: Boston, MA

The buyer's representative in this transaction was Adriano Varano from The Varano Realty Group at Keller Williams Realty. Lisa Sheehan from Sennà represented the seller in the deal.

Players

Adriano Varano
Keller Williams Realty
Adriano Varano
4 deals$5.9M volume
BROKER
Lisa Sheehan
Senné
Lisa Sheehan
2 deals$2.7M volume
BROKER

Details

SOLD
IMAGE: Adriano Varano and Lisa Sheehan DATE: 10/25/2023 ADDRESS: 765 Washington Street MARKET: Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Adriano Varano (@TheVaranoRealtyGroup) - Keller Williams Realty (@KellerWilliamsRealty) SELLER'S REP: Lisa Sheehan (@BostonataGlance) - Sennà SALE PRICE: $1,550,000 SF: 3,327 ~ PPSF: $466 NOTE: A multifamily property at 765 Washington Street in Boston, MA, has been sold for $1,550,000. The transaction involved Adriano Varano from The Varano Realty Group at Keller Williams Realty representing the buyer and Lisa Sheehan from Sennà representing the seller. Ã

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$82,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49