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29 Adams Street

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

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.

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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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