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29 South Munroe Terrace

Coldwell Banker Acquires Multifamily Property In Dorchester, MA For $1.325M
SOLDMultiFamily

Coldwell Banker Acquires Multifamily Property In Dorchester, MA For $1.325M

29 South Munroe Terrace

$1,325,000

$296/SF

Building Size

4,473 SF

Asset Type

MultiFamily

Closing

Sep 8, 2023

AI

A multifamily property located at 29 South Munroe Terrace in Dorchester, Massachusetts, was sold for $1.325 million. The property offers 4,473 square feet of space, resulting in a price per square foot of $296.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,325,000
  • Address: 29 South Munroe Terrace, Dorchester, MA
  • Market: Dorchester, MA

The buyer's representative for this deal was Dylan Costello & Team from Coldwell Banker, while the seller's representative was Charles Maneikis from The Maneikis Companies, Inc.

Players

Dylan Costello

Coldwell Banker

Broker

$17.6M

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

11.97%

Cash-on-Cash

-3.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93