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

Property Image
SOLD
$1,105,000
Devin Wong
Jonathan (J.R.) Mathews

Massachusetts

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MultiFamily8,066 SF
Sold 12/13/2023
the dealplayerscompscontact
Property Image
SOLD

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

47 Linden Street & 49 Linden Street

See Similar Deals
MultiFamily8,066 SF
Sold 12/13/2023
Devin Wong
Jonathan (J.R.) Mathews
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$137
Total Square Footage:8,066 SF
Transaction Type:Sale

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
Devin Wong
5 deals$6M volume
BROKER
Jonathan (J.R.) Mathews
Keller Williams Realty
Jonathan Mathews
1 deal$1.1M volume(216) 973-3072
BROKER

Details

SOLD
IMAGE: Jonathan Mathews & Devin Wong DATE: 12/13/2023 ADDRESS: 47-49 Linden Street MARKET: Dorchester, MA ASSET TYPE: Multifamily BUYER'S REP: Devin Wong - Kava Realty Group, Inc SELLER'S REP: Jonathan Mathews - Keller Williams Boston-Metro (@KellerWilliamsRealty) SALE PRICE: $1,105,000 SF: 4,033 ~ PPSF: $274 NOTE: A multifamily property located at 47-49 Linden Street was recently sold for $1,105,000. The transaction involved Devin Wong of Kava Realty Group, Inc representing the buyer, while the seller, represented by Jonathan Mathews of Keller Williams Boston-Metro, facilitated the deal.

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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$58,933.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,925.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,238.26
Annual Debt Service$62,859.16