Crystal Kavanaugh & Kathleen Alexander Broker $1.05M Sale In Dorchester, MA Multifamily
89-91 Tonawanda Street
$1,050,000
$266/SF
Building Size
3,942 SF
Asset Type
MultiFamily
Closing
Mar 28, 2024
AI
Located at 89-91 Tonawanda St. in Dorchester, MA, the multifamily property was recently sold for $1,050,000. This property consists of a 2-family building with 4 bedrooms in each unit, along with a garage featuring a workshop area. Additionally, there is a stone patio on the premises, perfect for entertaining.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Units: 2
- Price Per Unit: $525,000
- Square Footage: 3,942
- Price Per Square Foot: $266
- Address: 89-91 Tonawanda Street, Dorchester, MA
- Market: Dorchester, MA
Crystal Kavanaugh of Homesmart Professionals Real Estate served as the buyer's representative in this transaction, while the seller's representative was Kathleen Alexander from Keller Williams. The deal showcases the expertise of these professionals in navigating the sale of this valuable multifamily property.
Players
Boston 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93