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192-194 Elm Street

Zahid Islam Acquires Mixed-Use Property On Elm Street For $1.95M
SOLDMixed-use

Zahid Islam Acquires Mixed-Use Property On Elm Street For $1.95M

192-194 Elm Street

$1,950,000

$228/SF

Building Size

8,541 SF

Asset Type

Mixed-use

Closing

Sep 21, 2023

AI

A mixed-use property located at 192-194 Elm Street in Everett, MA has been sold for a price of $1,950,000. The property spans 8,541 square feet and has a price per square foot of $228. The transaction took place on September 21, 2023.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $1,950,000
  • Address: 192-194 Elm Street, Everett, MA
  • Market: Everett, MA

The buyer in this transaction is Zahid Islam, while the seller is Andreas Tsistos. Dan Pouladian and Sara Pouladian of Northshore Realty Advisors served as the seller's representatives. It is worth noting that Zahid Islam represented himself as both the buyer and the buyer's agent in this deal.

Congratulations to all parties involved in this smooth transaction.

Players

Dan Pouladian

Northshore Realty Advisors

Broker

$304.3M

vol

68 deals

Broker

Market Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.13%

Cash-on-Cash

-2.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93