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Chuks Okoli Of Next Horizon Realty Represents Buyer In $1.365M Boston MultiFamily Sale

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SOLD
$1,365,000

Massachusetts

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MultiFamily3,600 SF
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SOLD

Chuks Okoli Of Next Horizon Realty Represents Buyer In $1.365M Boston MultiFamily Sale

3 Stockton Street

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MultiFamily3,600 SF
Sold
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$379
Total Square Footage:3,600 SF
Transaction Type:Sale

3 Stockton St, Boston, MA 02124, sold for $1,365,000, is a fully renovated, three-unit investment property in Dorchester’s Ashmont neighborhood. The property features 3-bedroom, 1.5-bath units with modern finishes, spanning 3,600 square feet. Additionally, it is conveniently located near Ashmont Station (Red Line).

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,365,000
  • Units: 3
  • Price per Unit: $455,000
  • Square Footage: 3,600
  • Price per Square Foot: $379
  • Market: Boston, MA

Chuks Okoli of Next Horizon Realty and Tony Pepdjonovic of Marcus & Millichap were the respective buyer's and seller's representatives in the transaction at 3 Stockton Street. The deal involved a successful acquisition of a lucrative property in the thriving neighborhood of Dorchester, Boston.

Players

Tony Pepdjonovic
77 deals$383.6M volume
BROKER

Chuks Okoli
4 deals$5M volume
BROKER

Details

SOLD
IMAGE: Chuks Okoli & Tony Pepdjonovic DATE: 06/28/2024 ADDRESS: 3 Stockton Street MARKET: Boston, MA ASSET TYPE: MultiFamily BUYER'S REP: Chuks Okoli - Next Horizon Realty SELLER'S REP: Tony Pepdjonovic - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $1,365,000 UNITS: 3 ~ PPU: $455,000 SF: 3,600 ~ PPSF: $379 NOTE: 3 Stockton St, Boston, MA 02124, sold for $1,365,000, is a fully renovated, three-unit investment property in Dorchester’s Ashmont neighborhood. Generating $9,375 per month, the property features 3-bedroom, 1.5-bath units with modern finishes, and is located near Ashmont Station (Red Line).

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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