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86 Adams St, Boston, Massac...

Updated Dec 20, 2023

Real Estate Trans-Actions Co Acquires Multifamily Property In Boston, MA For $1.55M
SOLDMultiFamily

Real Estate Trans-Actions Co Acquires Multifamily Property In Boston, MA For $1.55M

86 Adams St, Boston, Massachusetts, USA

$1,550,000

$310/SF

Building Size

4,992 SF

Asset Type

MultiFamily

Closing

Jun 1, 2020

About this deal

AI

The Multifamily property located at 86 Adams St in Boston, MA was recently sold for $1,550,000. This property spans 4,992 square feet, resulting in a price per square foot of $310. The transaction took place on June 1, 2021, and was facilitated by Tuan Tran from Real Estate Trans-Actions Co.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,550,000
  • Square Footage: 4,992
  • Price Per Square Foot: $310
  • Date: June 1, 2021
  • Address: 86 Adams St
  • Market: Boston, MA

Tuan Tran, representing Real Estate Trans-Actions Co, played a pivotal role in facilitating this sale. They ensured a smooth transaction between the buyer and seller, securing a favorable deal for both parties involved.

Players

Tuan Tran

Broker

$1.6M

vol

1 deal

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $310 per square foot on a published $1.6M for 4,992 square feet (2020).

Visit Tuan Tran to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.23%

Cash-on-Cash

-2.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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