Compass Acquires Multifamily Property On Blue Hill Avenue For $1.05M
1089 Blue Hill Avenue, Dorchester, Massachusetts 02124, United States
$1,050,000
$210/SF
Building Size
4,988 SF
Asset Type
MultiFamily
Closing
Mar 30, 2022
AI
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].
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93