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
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