Updated Oct 28, 2024
Bosco Ptnshp Prop LLC Acquires South Boston Multifamily For $2.1M
525 E 3rd St, South Boston, Boston, MA, USA
$2,100,000
$538/SF
Building Size
3,900 SF
Asset Type
MultiFamily
Closing
Sep 24, 2021
About this deal
AI
A multifamily property located at 523-525 E 3rd St in South Boston, MA has been sold for a price of $2,100,000. The property consists of 5 units with an average price per unit of $420,000. The total square footage of the property is 3,900, resulting in a price per square foot of $538.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Units: 5
- Price per Unit: $420,000
- Square Footage: 3,900
- Price per Square Foot: $538
- Address: 523-525 E 3rd St, South Boston, MA
The buyer of the property is Bosco Ptnshp Prop Llc, while the sellers are William P. Dagostino and Aurel M. Dagostino.
Players
South Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Virginia multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93