Updated Dec 21, 2023
Robert G. Maguire Acquires Multifamily Property In Boston, MA For $5.1M
79A Phillips Street, Boston, MA, USA
$5,125,000
$963/SF
Building Size
5,320 SF
Asset Type
MultiFamily
Closing
Jun 2, 2021
About this deal
AI
The multifamily property located at 77 A Phillips St & 79 A Phillips St in Boston, MA was recently sold for a total of $5,125,000. The property spans a total of 5,320 square feet, resulting in a price per square foot of $963.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,125,000
- Address: 77 A Phillips St & 79 A Phillips St, Boston, MA
- Market: Boston, MA
The seller of the property was Michael C. Lesburg, while the buyer was Robert G. Maguire.
NOTE: No additional information was provided regarding the deal's key individuals and companies involved in the transaction.
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
3.10%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93