SOLDMultiFamily
Stacey Byrant Of Redfin Represents Buyer In $2.6M South Boston Multifamily Sale
881 East Fourth Street
$2,600,000
$590/SF
Building Size
4,404 SF
Asset Type
MultiFamily
Closing
May 7, 2024
AI
A three-family home at 881 E 4th St, Boston, MA, sold for $2,600,000, featuring nine bedrooms and three baths across 4,404 sq ft.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,600,000
- Units: 3
- Price Per Unit: $866,667
- Square Footage: 4,404
- Price Per Square Foot: $590
- Address: 881 East Fourth Street
- Market: South Boston, MA
Stacey Bryant from Redfin represented the buyer in this transaction, while The Maguire Group from Compass acted as the seller's representative.
Players
South 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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93