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108 Southern Ave, Dorcheste...

Updated Dec 18, 2023

Nur M. Abser & Arifa Akter Acquire Dorchester Center Multifamily For $1.15M
SOLDMultiFamily

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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Deal FAQ

About $315 per square foot on a published $1.2M for 3,648 square feet (2021).

Browse Massachusetts multifamily sales on Traded.

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

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