Pavan Kumar & Apoorva Paruchuri Acquire Dorchester Multifamily For $1.2M
25 Ronan Street
$1,200,000
$305/SF
Building Size
3,924 SF
Asset Type
MultiFamily
Closing
Dec 22, 2023
AI
The multifamily property located at 25 Ronan Street in Dorchester, MA has been sold for a price of $1,200,000. The property consists of 3 units with a total area of 3,924 square feet. The price per unit is $400,000 and the price per square foot is $306.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 25 Ronan Street, Dorchester, MA
- Market: Dorchester, MA
The buyers of the property are Pavan Kumar and Apoorva Paruchuri. On the other hand, the sellers are Donald Bourguignon and Monique N. Auguste. Lior Rozhansky from Keller Williams Realty Evolution represented the buyers in the transaction, while Nick Bevilacqua acted as the seller's representative.
Players
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93