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1215 Blue Hill Avenue

1215 Blue Hill Avenue Multifamily Sold For $1M With Buyer's Rep Christopher Mehr & Seller's Rep Walter Weekes
SOLDMultiFamily

1215 Blue Hill Avenue Multifamily Sold For $1M With Buyer's Rep Christopher Mehr & Seller's Rep Walter Weekes

1215 Blue Hill Avenue

$1,000,000

$226/SF

Building Size

4,408 SF

Asset Type

MultiFamily

Closing

Jan 9, 2024

AI

A multifamily property located at 1215 Blue Hill Avenue in Mattapan, MA, has been successfully sold for a price of $1,000,000. The property spans 4,408 square feet, resulting in a price per square foot of $227.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $1,000,000
  • Square Footage: 4,408
  • Price per Square Foot: $227
  • Address: 1215 Blue Hill Avenue, Mattapan, MA

This transaction involved Christopher Mehr from Full Circle Realty representing the buyer and Walter Weekes from Era Key Realty representing the seller.

Players

Christopher Mehr

Full Circle Realty

Broker

$8.7M

vol

5 deals

Broker

Mattapan 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

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93