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89-91 Boylston Street

Two-Family Property Sold In Watertown, MA For $1.29M By Buyer's REP Alex J. Mackenzie
SOLDMultiFamily

Two-Family Property Sold In Watertown, MA For $1.29M By Buyer's REP Alex J. Mackenzie

89-91 Boylston Street

$1,290,000

$487/SF

Building Size

2,644 SF

Asset Type

MultiFamily

Closing

Jun 10, 2024

AI

A two-family property at 89-91 Boylston St in Watertown, MA, was sold for $1,290,000. Located in East Watertown/Mount Auburn, the fully owner-occupied property features original character details, separate systems, updated electrical, and parking for 4 cars off-street.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,290,000
  • Units: 2
  • Price per Unit: $645,000
  • Square Footage: 2,644
  • Price per Square Foot: $488
  • Address: 89-91 Boylston Street, Watertown, MA
  • Market: Watertown, MA

Full Circle Realty represented the buyer in the transaction, while The Team from Real Estate Advisors at Coldwell Banker Realty in Cambridge represented the seller.

Players

Alex J. Mackenzie

Full Circle Realty

Broker

$1.3M

vol

1 deal

Broker

Watertown 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

12.30%

Cash-on-Cash

-3.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93