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23 Hansborough Street

Danny Griffin & Yansi Morale Facilitate $1.1M Multifamily Property Sale In Dorchester
SOLDMultiFamily

Danny Griffin & Yansi Morale Facilitate $1.1M Multifamily Property Sale In Dorchester

23 Hansborough Street

$1,100,000

$246/SF

Building Size

4,464 SF

Asset Type

MultiFamily

Closing

Apr 16, 2024

AI

Located at 23 Hansborough Street in Dorchester, MA, this multifamily property was recently sold for $1,100,000. The transaction involved a total of 4,464 square feet, translating to a price per square foot of $246. The property consists of three units, each featuring a living room, dining room, kitchen, and three bedrooms. Its convenient location near highways and shopping centers adds to its appeal.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,100,000
  • Square Footage: 4,464
  • Address: 23 Hansborough Street, Dorchester, MA
  • Market: Dorchester, MA

The buyer in this transaction was represented by Danny Griffin from Griffin Realty Group, while Yansi Morales from YMRE served as the seller's representative. Both parties played crucial roles in facilitating the sale of this multifamily property in Dorchester, MA.

Players

Yansi Morales

YMRE

Broker

$1.1M

vol

1 deal

Broker

Dorchester Center 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

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93