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108 Franklin St, Quincy, MA...

Helen Shiner & Christopher Chadzynski Close $1.46M Multifamily Sale In Quincy, MA
SOLDMultiFamily

Helen Shiner & Christopher Chadzynski Close $1.46M Multifamily Sale In Quincy, MA

108 Franklin St, Quincy, MA, USA

$1,460,000

$260/SF

Building Size

5,602 SF

Asset Type

MultiFamily

Closing

Oct 18, 2021

AI

A multifamily property located at 106-108 Franklin St in Quincy, MA has been sold for a price of $1,460,000. The property spans across 5,602 square feet and was sold at a price per square foot of $261.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,460,000
  • Date: 10/18/2021
  • Address: 106-108 Franklin St, Quincy, MA
  • Market: Quincy, MA

Helen Shiner of The Shiner Group, LLC represented the buyer in this transaction, while Christopher Chadzynski of Northeast Realty Co. acted as the seller's representative.

Players

Christopher Chadzynski

Northeast Realty

Broker

$3M

vol

2 deals

Broker

Quincy MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.87%

Cash-on-Cash

-3.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93