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Coelho Realty Group LLC Sells Arlington Multifamily For $1.29M

Property Image
SOLD
$1,290,000

Massachusetts

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MultiFamily2,701 SF
Sold 08/31/2023
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Property Image
SOLD

Coelho Realty Group LLC Sells Arlington Multifamily For $1.29M

1 Laurel Street

See Similar Deals
MultiFamily2,701 SF
Sold 08/31/2023
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$477
Total Square Footage:2,701 SF
Transaction Type:Sale

A multifamily property located at 1 Laurel Street in Arlington, MA has been sold for $1.29 million. The property spans 2,701 square feet and was sold at a rate of $478 per square foot.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,290,000
  • Address: 1 Laurel Street, Arlington, MA
  • Market: Arlington, MA

The sale of this multifamily property was facilitated by Joe Danisch from Coelho Realty Group LLC.

Players

Joe Danisch
3 deals$3.9M volume
BROKER

Details

SOLD
IMAGE: Joe Danisch DATE: 08/31/2023 ADDRESS: 1 Laurel Street MARKET: Arlington, MA ASSET TYPE: Multifamily BROKER: Joe Danisch (@JoeDanisch) - Coelho Realty Group Llc (@CoelhoRealtyGroup) SALE PRICE: $1,290,000 SF: 2,701 ~ PPSF: $478 NOTE: A multifamily property located at 1 Laurel Street in Arlington, MA, was sold for $1.29 million. The transaction was facilitated by broker Joe Danisch from Coelho Realty Group LLC, with the property selling at a rate of $478 per square foot for its 2,701 square feet.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,583.09
Cash-on-Cash Return-1.27%
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