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636 Morton Street

J & J Companies, Inc Acquires Multi-Family Property In Mattapan, MA For $685,000
SOLDMultiFamily

J & J Companies, Inc Acquires Multi-Family Property In Mattapan, MA For $685,000

636 Morton Street

$685,000

$201/SF

Building Size

3,400 SF

Asset Type

MultiFamily

Closing

Aug 26, 2022

AI

A multi-family property located at 636 Morton St in Mattapan, MA has been sold. The property consists of 3 units with a total square footage of 3,400. The sale price for the property was $685,000, resulting in a price per unit of $228,333 and a price per square foot of $201.

Summary of transaction details

  • Property Type: Multi Family
  • Sale Price: $685,000
  • Unit Count: 3
  • Price per Unit: $228,333
  • Square Footage: 3,400
  • Price per Square Foot: $201
  • Address: 636 Morton St, Mattapan, MA

The buyer in this transaction is J & J Companies, Inc, represented by Heidy Barreiro. The seller is Tanika Coakley. The deal was finalized on 08/26/2022.

Players

Heidy Barreiro

J & J Companies, Inc

Buyer

$5.3M

vol

6 deals

Buyer

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

23.16%

Cash-on-Cash

-6.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93