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2-24 D St

David Wellons Purchases Multifamily Property From Joshua Therrien In Northbridge For $2.9M
SOLDMultiFamily

David Wellons Purchases Multifamily Property From Joshua Therrien In Northbridge For $2.9M

2-24 D St

$2,900,000

$206/SF

Building Size

14,060 SF

Asset Type

MultiFamily

Closing

May 14, 2026

AI

The multifamily asset located at 2-24 D Street in Northbridge, MA has been sold for $2,900,000. The property comprises 12 units and spans a total of 14,060 square feet, resulting in a price per unit of $241,666 and a price per square foot of $206.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,900,000
  • Units: 12
  • Square Footage: 14,060
  • Price Per Unit: $241,666
  • Price Per Square Foot: $206
  • Buyer: David Wellons
  • Seller: Joshua Therrien
  • Broker: Ethan Lazar - Horvath & Tremblay

Ethan Lazar represented the seller in this transaction, facilitating the deal between David Wellons and Joshua Therrien. Horvath & Tremblay served as the brokerage firm handling the sale.

Players

Ethan Lazar

Horvath & Tremblay

Broker

$12.2M

vol

6 deals

Broker

Tensed 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

5.47%

Cash-on-Cash

-1.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93