Updated Dec 4, 2024
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
About this deal
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.
The multifamily sale at 881 East Fourth Street in South Boston, Massachusetts sold for $2.6M in 2024. Reported inventory is 4,404 square feet across 3 units, or about 590 per square foot. Stacey Bryant, Redfin appear on the sale alongside Redfin. This page is the South Boston, Massachusetts file for the 881 East Fourth Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same South Boston sit in the Market section below. Filter that South Boston multifamily set by closing date to see what else sold near 881 East Fourth Street around 2024. Published consideration for 881 East Fourth Street is $2.6M, dated 2024. Cite this Stacey Byrant Of Redfin Represents Buyer In $2.6M South Boston Multifamily Sale sale when underwriting similar multifamily product around South Boston, Massachusetts.
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South Boston MultiFamily Market Snapshot
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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