facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

51 Charles Street, Dorchest...

Updated Dec 21, 2023

James Chan Acquires Multifamily Property On Charles Street In Dorchester, MA For $1.275M
SOLDMultiFamily

James Chan Acquires Multifamily Property On Charles Street In Dorchester, MA For $1.275M

51 Charles Street, Dorchester, Massachusetts, USA

$1,275,000

$252/SF

Building Size

5,043 SF

Asset Type

MultiFamily

Closing

Feb 25, 2021

About this deal

AI

A multifamily property located at 51 Charles Street in Dorchester, MA has been sold in a recent transaction. The property, spanning 5,043 square feet, was sold for a price of $1,275,000, resulting in a price per square foot of $253. This multifamily asset comprises three units, with each unit having an average price of $425,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,275,000
  • Address: 51 Charles Street, Dorchester, MA
  • Market: Dorchester, MA
  • Square Footage: 5,043
  • Price per Square Foot: $253
  • Number of Units: 3
  • Price per Unit: $425,000

In this transaction, Khai D. Pham & Chi N. Pham served as the sellers, while James Chan acted as the buyer.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $252 per square foot on a published $1.3M for 5,043 square feet (2021).

Browse Boston multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.44%

Cash-on-Cash

-3.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets