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47 Linden Street

Multifamily Property At 47-49 Linden Street In Dorchester, MA Sells For $1.1M
SOLDMultiFamily

Multifamily Property At 47-49 Linden Street In Dorchester, MA Sells For $1.1M

47 Linden Street & 49 Linden Street

$1,105,000

$137/SF

Building Size

8,066 SF

Asset Type

MultiFamily

Closing

Dec 13, 2023

AI

A multifamily property located at 47-49 Linden Street in Dorchester, MA was recently sold for $1,105,000. The property spans 4,033 square feet, resulting in a price per square foot of $274.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,105,000
  • Address: 47-49 Linden Street, Dorchester, MA
  • Market: Dorchester, MA

The buyer in this transaction was represented by Devin Wong of Kava Realty Group, Inc, while the seller was represented by Jonathan Mathews of Keller Williams Boston-Metro. Both brokers facilitated the deal, which resulted in the successful sale of the multifamily property.

Players

Devin Wong

Kava Realty Group

Broker

$6M

vol

5 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

14.36%

Cash-on-Cash

-4.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93