$4.9M Multifamily Sale In Boston, MA With Buyer's Rep Craig Shames Esq. - Conway Commercial And Seller's Rep John Pentore - Horvath & Tremblay
SOLD
Massachusetts
See Similar DealsMultiFamily7,440 SF
Sold 08/26/2022
SOLD
$4.9M Multifamily Sale In Boston, MA With Buyer's Rep Craig Shames Esq. - Conway Commercial And Seller's Rep John Pentore - Horvath & Tremblay
873 E 2nd St, South Boston, Massachusetts 02127, United States
See Similar DealsMultiFamily7,440 SF
Sold 08/26/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$667
Total Square Footage:7,440 SF
Transaction Type:Sale
A multifamily property located at 873-875 E 2nd in Boston, MA was recently sold for a total transaction amount of $4,962,500. The property spans a total of 7,440 square feet, resulting in a price per square foot of $667.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,962,500
- Address: 873-875 E 2nd, Boston, MA
- Market: Boston, MA
- Buyer's Representative: Craig Shames Esq. - Conway Commercial
- Seller's Representative: John Pentore - Horvath & Tremblay
Craig Shames Esq. from Conway Commercial represented the buyer in the transaction, while John Pentore from Horvath & Tremblay represented the seller. The deal was finalized on 08/26/2022.
Players
Details
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$264,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,630.71
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,524.78
Annual Debt Service$282,297.38
Is there something missing? Send suggestions