Ashmont Triple-Decker Multifamily In Boston Sells For $1.325M
84 Bailey Street
$1,325,000
$371/SF
Building Size
3,570 SF
Asset Type
MultiFamily
Closing
May 15, 2024
AI
84 Bailey St in Boston, MA 02124, a multifamily property with a total square footage of 3,570, was recently sold for $1,325,000. This property, located in the desirable Ashmont area, offers a rare triple-decker opportunity and is conveniently situated across from the T Station.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,325,000
- Address: 84 Bailey Street
- Market: Boston, MA
- Price Per Square Foot: $371
- Buyer's Rep: Patty Hoang - PRIVI Realty
- Seller's Rep: Eric Lindsey, Laura Guzman, Liz Lindsey & Steven Daloia - Lindsey & Associates Realty Team /Keller Williams
The sale of 84 Bailey St was facilitated by Patty Hoang from PRIVI Realty representing the buyer and the Lindsey & Associates Realty Team from Keller Williams representing the seller. This transaction brought together a diverse group of individuals to successfully close the deal.
Players
Dorchester Center MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.97%
Cash-on-Cash
-3.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93