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605-607 Dorchester Avenue

Updated Dec 4, 2024

Debbie Adamidis Of Keller Williams Acquires Multifamily Property In South Boston For $3.2M As Buyer's Rep
SOLDMultiFamily

Debbie Adamidis Of Keller Williams Acquires Multifamily Property In South Boston For $3.2M As Buyer's Rep

605-607 Dorchester Avenue

$3,200,000

$387/SF

Building Size

8,250 SF

Asset Type

MultiFamily

Closing

Mar 8, 2024

About this deal

AI

A multifamily property located at 605-607 Dorchester Avenue in South Boston, MA was sold for $3.2 million. The property spans 8,250 square feet with a price per square foot of $388.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $3,200,000
  • Address: 605-607 Dorchester Avenue
  • Market: South Boston, MA

Debbie Adamidis from Keller Williams acted as the buyer's representative in the transaction, while Ian Halpin from Lauchlin Group Real Estate represented the seller. The deal was successfully facilitated between the parties at the noted sale price.

Players

Debbie Adamidis

Keller Williams Realty

Broker

$10M

vol

5 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $387 per square foot on a published $3.2M for 8,250 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.96%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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