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

/

64 Florida Street

Selectre Boston Acquires Multifamily Property In Dorchester, MA For $1.12M
SOLDMultiFamily

Selectre Boston Acquires Multifamily Property In Dorchester, MA For $1.12M

64 Florida Street

$1,120,000

$348/SF

Building Size

3,216 SF

Asset Type

MultiFamily

Closing

Sep 15, 2023

AI

A multifamily property located at 64 Florida Street in Dorchester, MA, has been sold for a price of $1,120,000. The property spans a total area of 3,216 square feet, resulting in a price per square foot of $348.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,120,000
  • Address: 64 Florida Street
  • Market: Dorchester, MA

The transaction involved Declan O'Toole of Selectre Boston, who represented the buyer, and Tanner Payne from Apex Real Estate Group, Llc, who served as the seller's representative. Both parties contributed to the successful completion of the deal.

This sale represents a significant achievement in the real estate market within Dorchester, MA. The buyer, Declan O'Toole, and the seller's representative, Tanner Payne, played vital roles in facilitating the transaction and ensuring a successful outcome for all parties involved.

Players

Declan O'Toole

SelectRE Boston

Broker

$4.2M

vol

3 deals

Broker

Dorchester Center 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

14.16%

Cash-on-Cash

-4.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93