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25 Ronan Street

Pavan Kumar & Apoorva Paruchuri Acquire Dorchester Multifamily For $1.2M
SOLDMultiFamily

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

Nicholas Bevilacqua

Horvath & Tremblay

Broker

$21.4M

vol

11 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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93