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4-6 Auckland Street

Nicoline Lomas & Christine Do Facilitate $1.25M MultiFamily Sale In Boston, MA
SOLDMultiFamily

Nicoline Lomas & Christine Do Facilitate $1.25M MultiFamily Sale In Boston, MA

4-6 Auckland Street

$1,250,000

$426/SF

Building Size

2,929 SF

Asset Type

MultiFamily

Closing

May 17, 2024

AI

A renovated 2-family home at 4-6 Auckland St in Boston's sought-after Savin Hill area sold for $1.25 million, boasting modernized interiors and convenient proximity to major amenities like downtown Boston, public transit, and UMass Boston. The property spans 2,929 square feet and was transacted at a price per unit of $625,000, with a price per square foot of $427.

Summary of transation details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,250,000
  • Units: 2
  • Square Footage: 2,929
  • Price per Unit: $625,000
  • Price per Square Foot: $427
  • Address: 4-6 Auckland Street
  • Market: Boston, MA

Nicoline Lomas from William Raveis Real Estate served as the buyer's representative, while Christine Do from Keller Williams represented the seller in the transaction.

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

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93