Terrier Real Estate At Compass Acquires Multifamily Property In South Boston For $3.1M
893 East Fourth Street
$3,100,000
$671/SF
Building Size
4,614 SF
Asset Type
MultiFamily
Closing
Sep 21, 2023
AI
A multifamily property located at 893 East Fourth Street in South Boston, MA has been sold for $3,100,000. The property spans 4,614 square feet with a price per square foot of $672.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,100,000
- Address: 893 East Fourth Street, South Boston, MA
- Market: South Boston, MA
- Buyer's Representative: Kate Jacobi, Keri Sylvia & Michael Sylvia - Terrier Real Estate at Compass
- Seller's Representative: Ryan Foley - Greater Metropolitan Real Estate
Kate Jacobi, Keri Sylvia, and Michael Sylvia of Terrier Real Estate at Compass represented the buyer in this transaction. Ryan Foley of Greater Metropolitan Real Estate represented the seller.
Players
South Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93