Updated Dec 21, 2023
William J. Gosz & John Flaherty Acquire South Boston Multifamily For $1.5M
367 Dorchester Street, South Boston, Boston, MA, USA
$1,500,000
$710/SF
Building Size
2,112 SF
Asset Type
MultiFamily
Closing
Oct 7, 2021
About this deal
AI
A multifamily property located at 367 A Dorchester St in South Boston, MA has been sold. The property consists of 4 units with a total square footage of 2,112. The sale price for the property was $1,500,000, resulting in a price per unit of $375,000 and a price per square foot of $710.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 367 A Dorchester St, South Boston, MA
- Units: 4
- Price per Unit: $375,000
- Square Footage: 2,112
- Price per Square Foot: $710
The buyer of the property is William J. Gosz and John Flaherty, while the seller is James D. Mcclure.
Players
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93