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Compass Acquires Multifamily Property On Blue Hill Avenue For $1.05M

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SOLD
$1,050,000

Massachusetts

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MultiFamily4,988 SF
Sold
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Property Image
SOLD

Compass Acquires Multifamily Property On Blue Hill Avenue For $1.05M

1089 Blue Hill Avenue, Dorchester, Massachusetts 02124, United States

See Similar Deals
MultiFamily4,988 SF
Sold
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$210
Total Square Footage:4988 SF
Transaction Type:Sale

Located at 1089 Blue Hill Avenue in Boston, MA, this multifamily property was recently sold in a closed transaction. The property consists of 3 units, with a total square footage of 4,988. The sale price for this transaction was $1,050,000, resulting in a price per unit of $350,000, and a price per square foot of $211.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,050,000
  • Address: 1089 Blue Hill Avenue, Boston, MA
  • Number of Units: 3
  • Price per Unit: $350,000
  • Total Square Footage: 4,988 square feet
  • Price per Square Foot: $211
  • Buyer's Representative: Alexander Koziakov - Compass
  • Seller's Representative: Joseph Murray - JMM Residential

The buyer's representative for this transaction was Alexander Koziakov from Compass, while Joseph Murray from JMM Residential served as the seller's representative. For more information or inquiries about this property, you can reach out to Alexander Koziakov at 617-755-4484 or via email at [email protected].

Players

Alexander Koziakov
7 deals$21.5M volume
BROKER

Joseph Murray
1 deal$1.1M volume
BROKER

Details

SOLD
IMAGE: Alexander Koziakov DATE: 03/31/2022 ADDRESS: 1089 Blue Hill Avenue MARKET: Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Alexander Koziakov (@AlexKoziakov) - Compass (@Compass) SELLER'S REP: Joseph Murray - JMM Residential SALE PRICE: $1,050,000 UNITS: 3 ~ PPU: $350,000 SF: 4,988 ~ PPSF: $211 NOTE FROM BROKER: Alexander Koziakov 617-755-4484 [email protected]

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$3,730.43
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