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6 Beech St, Framingham, MA,...

FCA Acquires Commercial Property On Beech St In Framingham For $407.5K
SOLDCommercial

FCA Acquires Commercial Property On Beech St In Framingham For $407.5K

6 Beech St, Framingham, MA, 01702

$407,500

$135/SF

Building Size

3,000 SF

Asset Type

Commercial

Closing

Nov 20, 2023

AI

The property at 6 Beech St, Framingham, MA, 01702 is a 3,000 square foot Victorian styled building that was marketed for both business and residential use. Marlene Aron of Metrowest Commercial Real Estate facilitated the sale of this commercial property to FCA for $407,500.

Summary of transaction details:

In addition to the property on Beech St, Marlene Aron also recently sold two other properties in Framingham totaling $1.58 million. These sales include a renovated office building on Franklin St and an industrial building on Irving St.

Players

Marlene Aron

Metrowest Commercial Real Estate

Broker

$3.2M

vol

2 deals

Broker
FCA
FCABuyer

Framingham Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

38.93%

Cash-on-Cash

-11.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93