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1049 Main Street

Updated Dec 4, 2024

Denada Vurmo Of Keller Williams Represents Buyer In $1.2M Multifamily Sale In Brockton MA
SOLDMultiFamily

Denada Vurmo Of Keller Williams Represents Buyer In $1.2M Multifamily Sale In Brockton MA

1049 Main Street

$1,200,000

$264/SF

Building Size

4,531 SF

Asset Type

MultiFamily

Closing

Jul 26, 2024

About this deal

AI

A multifamily asset located at 1049 Main Street in Brockton, MA, has been sold for $1,200,000. This property consists of four units and has a total square footage of 4,531, resulting in a price per unit of $300,000 and a price per square foot of $265. The building has been fully renovated and includes modern amenities, with upgraded electrical and plumbing systems. Its advantageous location is near Campello Train Station.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Units: 4
  • Price Per Unit: $300,000
  • Square Footage: 4,531
  • Price Per Square Foot: $265
  • Buyer's Representative: Denada Vurmo - Keller Williams
  • Seller's Representative: Jorge Montero - Safety Realty Corp

Denada Vurmo represented the buyer in this transaction while Jorge Montero acted on behalf of the seller. The deal reflects a significant market activity in the multifamily sector of Brockton, MA, facilitated through their respective agencies, Keller Williams and Safety Realty Corp.

Players

Jorge Montero

Safety Realty Corp

Broker

$1.2M

vol

1 deal

Broker

Brockton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $264 per square foot on a published $1.2M for 4,531 square feet (2024).

Visit Keller Williams Realty to view all their deals.

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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

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