Ellie Maeve Realty LLC Acquires Mixed-use Property In Amesbury, MA For $1.2M
46 Friend Street, Amesbury, Massachusetts 01913, United States
$1,200,000
$188/SF
Building Size
6,370 SF
Asset Type
Mixed-use
Closing
Apr 26, 2022
AI
Located at 46 Friend St in Amesbury, MA, this mixed-use property was recently sold in a closed transaction. The property spans an impressive 6,370 square feet, offering ample space for various uses. The sale took place on April 27, 2022, with a final sale price of $1,200,000. The price per square foot (PPSF) for this transaction equates to $188.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,200,000
- Address: 46 Friend St, Amesbury, MA
- Market: Amesbury, MA
- Square Footage: 6,370
- Buyer: Ellie Maeve Realty LLC
- Seller: Paul & Carol Bellavance
- Buyer's Representative: Arthur Martiroso & David Martiroso - DNA Realty Group - Keller Williams
- Seller's Representative: Michele Lawlor - Team Lilian Montalto - Lilian Montalto Signature Properties
Arthur Martiroso and David Martiroso, representing DNA Realty Group at Keller Williams, acted as the buyer's representatives in this transaction. On the other hand, Michele Lawlor, part of Team Lilian Montalto at Lilian Montalto Signature Properties, represented the sellers, Paul and Carol Bellavance.
Players
Amesbury 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93