Friday, September 9, 2011

DNA LOFTS - On the Auction Block

The Davis Cos., a veteran local developer, recently acquired the downtown-style condo project on Dot Ave after the builder lost it to foreclosure.

The new owners are now putting up 25 of the remaining DNA Loft units up for sale at an auction on Oct. 6. The condo project is located at 944 Dorchester Ave., where Dorchester meets South Boston.

Minimum bids range from $115,000 for a 665 square foot studio, to $275,000 for a roughly 1,600 square foot penthouse. The penthouse had previously been on the market for just under $500,000.

Read Boston.com Real Estate Blog for more details

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