facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

767 East Broadway

Updated Dec 4, 2024

Compass Represents Buyer And Law Office Of Paul J. Gannon Represents Seller In $1.5M South Boston Multifamily Sale
SOLDMultiFamily

Compass Represents Buyer And Law Office Of Paul J. Gannon Represents Seller In $1.5M South Boston Multifamily Sale

767 East Broadway

$1,500,000

$615/SF

Building Size

2,438 SF

Asset Type

MultiFamily

Closing

Nov 2, 2023

About this deal

AI

In South Boston, MA, a multifamily property at 767 East Broadway was successfully transacted for $1.5 million. The property spans 2,438 square feet and has a price per square foot of $615.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,500,000
  • Address: 767 East Broadway, South Boston, MA

John Ivanoff of Compass represented the buyer in this transaction, while Paul Gannon of the Law Office of Paul J. Gannon represented the seller.

Note: John Ivanoff of Compass acted as the buyer's representative and Paul Gannon of the Law Office of Paul J. Gannon acted as the seller's representative in the sale of the multifamily property at 767 East Broadway in South Boston, MA for $1.5 million.

Players

Paul Gannon

Law Office of Paul J. Gannon

Broker

$3.3M

vol

2 deals

Broker

South Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $615 per square foot on a published $1.5M for 2,438 square feet (2023).

Visit Paul Gannon to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets