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29 Adams Street

Updated Dec 4, 2024

Christine Do & John O'Toole Close Multifamily Sale On Adams Street For $1.11M
SOLDMultiFamily

Christine Do & John O'Toole Close Multifamily Sale On Adams Street For $1.11M

29 Adams Street

$1,110,000

$396/SF

Building Size

2,802 SF

Asset Type

MultiFamily

Closing

Mar 26, 2024

About this deal

AI

A 4-bed, 2-bath multi-family home on 29 Adams St, Dorchester sold for $1.11M. This renovated property features a large lot, 6+ car garage, and close proximity to public transportation.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,110,000
  • Units: 2
  • Price Per Unit: $555,000
  • Square Footage: 2,802
  • Price Per Square Foot: $396
  • Address: 29 Adams Street
  • Market: Boston, MA

The buyer's representative for this transaction was Christine Do from Keller Williams, while the seller's representative was John O'Toole from Olde Towne Real EstateCo.

On the Map

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$1,110,000

$396/SF

MultiFamily

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Players

Christine Do

Keller Williams Realty

Broker

$12.5M

vol

8 deals

Broker

Dorchester MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $396 per square foot on a published $1.1M for 2,802 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.29%

Cash-on-Cash

-4.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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