David J. Pogorelc Acquires South Boston Multifamily For $1.75M From Vera L. Lesiak-Frongillo & Christina M. Yates
23 Rear Dexter Avenue, Woburn, MA, USA
$1,750,000
$703/SF
Building Size
2,488 SF
Asset Type
MultiFamily
Closing
Mar 4, 2021
AI
A multifamily property located at 23 Rear Dexter St in South Boston has been sold for $1,750,000. The property spans a total of 2,488 square feet, resulting in a price per square foot of $703. The transaction took place on 03/05/2021. The buyer in this deal is David J. Pogorelc from Core Investments, while the sellers are Vera L. Lesiak-frongillo and Christina M. Yates.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,750,000
- Address: 23 Rear Dexter St
- Market: South Boston
David J. Pogorelc from Core Investments represented the buyer in this transaction. No additional details about the deal were provided.
Woburn 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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93