facebook
Traded Co logo
Submit
Daily limit: 0/10

Multifamily Property At 79 Foster Street In Boston Sold For $1.975M With Buyer’s Rep Compass

Property Image
SOLD
$1,975,000

Massachusetts

See Similar Deals
MultiFamily3,917 SF
Sold 07/30/2024
the dealplayerscompscontact
Property Image
SOLD

Multifamily Property At 79 Foster Street In Boston Sold For $1.975M With Buyer’s Rep Compass

79 Foster Street

See Similar Deals
MultiFamily3,917 SF
Sold 07/30/2024
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$504
Total Square Footage:3,917 SF
Transaction Type:Sale

This multifamily property located at 79 Foster Street in Boston, MA, features a sale price of $1,975,000. The building encompasses four units with a total square footage of 3,917, resulting in a price per unit of $493,750 and a price per square foot of $504. It is situated in a market known for its strong rental rates.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,975,000
  • Units: 4
  • Square Footage: 3,917
  • Price per Unit: $493,750
  • Price per Square Foot: $504
  • Buyer’s Representative: Compass
  • Seller’s Representative: David Dobrowolski - Block Realty

The transaction was represented on the seller's side by David Dobrowolski from Block Realty, while Compass represented the buyer. The property boasts a total of 11 bedrooms and 4 bathrooms across the four units. It also maintains a strong rental history with zero vacancies, indicating a reliable investment.

Players

David (Dave) Dobrowolski
Block Realty
David Dobrowolski
8 deals$21.8M volume(857) 212-6161
BROKER

Details

SOLD
IMAGE: David (Dave) Dobrowolski DATE: 07/30/2024 ADDRESS: 79 Foster Street MARKET: Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Compass (@Compass) SELLER'S REP: David Dobrowolski (@Dave.Dobro/) - Block Realty (@BlockRealtyBoston) SALE PRICE: $1,975,000 UNITS: 4 ~ PPU: $493,750 SF: 3,917 ~ PPSF: $504 NOTE: This turnkey, four-family property in Brighton Center features 11 beds and 4 baths across four units, with strong rental history and zero vacancies. Three units are leased through August 2025, with modern updates, private balconies, and a shared backyard, making it a prime investment opportunity with future growth potential.

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)

$105,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,016.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,362.51
Annual Debt Service$112,350.09