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80 Chelsea Street, East Bos...

Elias Interiano Acquires Multifamily Property In East Boston, MA For $1.125M
SOLDMultiFamily

Elias Interiano Acquires Multifamily Property In East Boston, MA For $1.125M

80 Chelsea Street, East Boston, Boston, MA, USA

$1,125,000

$391/SF

Building Size

2,876 SF

Asset Type

MultiFamily

Closing

Jan 19, 2021

AI

An multifamily property located at 80 Chelsea Street in East Boston, MA was recently sold for a total price of $1,125,000. The property spans approximately 2,876 square feet, resulting in a price per square foot of $391. It consists of three units, with each unit being sold at an average price of $375,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,125,000
  • Address: 80 Chelsea Street, East Boston, MA
  • Market: East Boston, MA

Elias Interiano acted as the buyer in this transaction, while Marina Stepanuk and Vladimir Khaynovsky served as the sellers.

Players

Vladimir Khaynovsky

Seller

$15.7M

vol

4 deals

Seller

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

14.10%

Cash-on-Cash

-4.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93