Updated Dec 4, 2024
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
About this deal
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.
On the Map
$1,950,000
$228/SF
Mixed-use
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Players
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