Updated Dec 4, 2024
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
About this deal
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.
On the Map
$1,250,000
$426/SF
MultiFamily
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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