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14 Everton Street

Stony Brook & Lennox Realty Advisors Sells Boston Multifamily Property For $1.45M
SOLDMultiFamily

Stony Brook & Lennox Realty Advisors Sells Boston Multifamily Property For $1.45M

14 Everton Street

$1,450,000

$290/SF

Building Size

5,000 SF

Asset Type

MultiFamily

Closing

Jun 14, 2024

AI

A multi-family property located at 14 Everton Street in Boston, MA, was recently sold for $1.45 million. This property consists of 3 units, totaling 5,000 square feet with a price per unit of $483,333 and a price per square foot of $290.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,450,000
  • Units: 3
  • Square Footage: 5,000
  • Market: Boston, MA

The sale of this Dorchester, MA property was facilitated by Markese Daise from Stony Brook & Lennox Realty Advisors. The property features 14 bedrooms, 5 baths, and has the potential to generate up to $162,000 annually. Situated near public transit, this property offers convenient access to downtown Boston, enhancing its investment appeal.

Players

Markese Daise

Stony Brook & Lennox Realty Advisors

Broker

$22.4M

vol

15 deals

Broker

Dorchester 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

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93