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9 Everett Street

Jack Yang Of Coldwell Banker Represents Buyer In $4.6M Allston Multifamily Sale
SOLDMultiFamily

Jack Yang Of Coldwell Banker Represents Buyer In $4.6M Allston Multifamily Sale

9 Everett Street

$4,600,000

$785/SF

Building Size

5,858 SF

Asset Type

MultiFamily

Closing

Oct 31, 2024

AI

The asset involved in this transaction is a multifamily property located at 9 Everett Street, Allston, MA. The sale price was $4,600,000, and the property consists of 7 units with a total square footage of 5,858. The price per unit was calculated at $657,142, and the price per square foot is $785.

Summary of transation details:

Jack Yang from Coldwell Banker represented the buyer in this transaction, while Nelson Otuechere from NCO Realty Group represented the seller. The deal was executed on October 31, 2024.

Players

Nelson Otuechere

NCO Realty Group

Broker

$22.1M

vol

14 deals

Broker

Allston 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

3.45%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93