Huy Pham Acquires Multifamily Property In Boston For $1.31M
1672 Dorchester Avenue, Dorchester, Boston, MA 02124, USA
$1,310,000
$319/SF
Building Size
4,107 SF
Asset Type
MultiFamily
Closing
Mar 29, 2021
AI
The multifamily property located at 1672 Dorchester Avenue in Boston, MA was sold on March 30, 2021. The transaction was facilitated by Kerry Dowlin from Leading Edge Real Estate, representing the seller, and Huy Pham from Coughlin Homes, representing the buyer. The sale price for the property was $1,310,000. The property spans 4,107 square feet and was sold at a price per square foot of $319.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,310,000
- Seller's Representative: Kerry Dowlin - Leading Edge Real Estate
- Buyer's Representative: Huy Pham - Coughlin Homes
- Address: 1672 Dorchester Avenue, Boston, MA
- Square Footage: 4,107
- Price per Square Foot: $319
The seller's representative, Kerry Dowlin, from Leading Edge Real Estate, and the buyer's representative, Huy Pham, from Coughlin Homes, played instrumental roles in the transaction. Together, they ensured a successful deal for both parties involved.
Players
Boston 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
12.11%
Cash-on-Cash
-3.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93