Helen Shiner & Christopher Chadzynski Close $1.46M Multifamily Sale In Quincy, MA
SOLD
$1,460,000
Massachusetts
See Similar DealsMultiFamily5,602 SF
Sold 10/18/2021
SOLD
Helen Shiner & Christopher Chadzynski Close $1.46M Multifamily Sale In Quincy, MA
108 Franklin St, Quincy, MA, USA
See Similar DealsMultiFamily5,602 SF
Sold 10/18/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$260
Total Square Footage:5,602 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$77,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,187.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,921.14
Annual Debt Service$83,053.74
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