Updated Dec 18, 2023
Nur M. Abser & Arifa Akter Acquire Dorchester Center Multifamily For $1.15M
108 Southern Ave, Dorchester, Boston, MA, USA
$1,150,000
$315/SF
Building Size
3,648 SF
Asset Type
MultiFamily
Closing
Jun 16, 2021
About this deal
AI
Located at 108 Southern Ave in Dorchester Center, MA, this multifamily property was recently sold in a transaction that took place on June 17, 2021. The property encompasses a total area of 3,648 square feet and is valued at $1,150,000. With a price per square foot of $315, this property offers a compelling investment opportunity.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 108 Southern Ave, Dorchester Center, MA
- Market: Dorchester Center, MA
The seller of this property is Michael Sacco, while the buyers are Nur M. Abser and Arifa Akter. The transaction involved three units, each priced at approximately $383,333. With a total of three units, this multifamily property presents a lucrative investment opportunity for the buyers.
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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93