Updated Dec 21, 2023
Aleksandr I. Sukennik Acquires South Boston Multifamily For $2.275M
909 East Broadway, Boston, MA, USA
$2,275,000
$503/SF
Building Size
4,515 SF
Asset Type
MultiFamily
Closing
Aug 6, 2021
About this deal
AI
The multifamily property located at 909 E Broadway in South Boston, MA has been sold for a price of $2,275,000. The property spans 4,515 square feet, resulting in a price per square foot of $504. The sale took place on August 6, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,275,000
- Date: August 6, 2021
- Address: 909 E Broadway, South Boston, MA
- Market: South Boston, MA
- Buyer: Aleksandr I. Sukennik
- Seller: Kevin C. Maguire & Kathy A. Maguire
Aleksandr I. Sukennik acted as the buyer in this transaction, while Kevin C. Maguire and Kathy A. Maguire were the sellers.
Players
Boston 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
6.97%
Cash-on-Cash
-1.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93