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

Property Image
SOLD
$1,290,000

Massachusetts

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MultiFamily2,644 SF
Sold 06/10/2024
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Property Image
SOLD

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

89-91 Boylston Street

See Similar Deals
MultiFamily2,644 SF
Sold 06/10/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$487
Total Square Footage:2,644 SF
Transaction Type:Sale

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
1 deal$1.3M volume(617) 877-2332
BROKER

Details

SOLD
IMAGE: Alex J. Mackenzie DATE: 06/10/2024 ADDRESS: 89-91 Boylston Street MARKET: Watertown, MA ASSET TYPE: Multifamily BUYER'S REP: Alex J. Mackenzie (@AMackJr88) - Full Circle Realty SELLER'S REP: The Team - Real Estate Advisors - Coldwell Banker Realty - Cambridge SALE PRICE: $1,290,000 UNITS: 2 ~ PPU: $645,000 SF: 2,644 ~ PPSF: $488 NOTE: 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.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$4,583.09
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