Waltham Multifamily Property Sold For $1.315M With Gary J. Marchese Of Marchese Realty Group
116-118 Charles Street
$1,315,000
$419/SF
Building Size
3,138 SF
Asset Type
MultiFamily
Closing
Dec 22, 2023
AI
In Waltham, a multifamily property located at 116-118 Charles Street was sold for $1,315,000. This transaction was overseen by broker Gary J. Marchese of Marchese Realty Group. The property spans a total of 3,138 square feet, resulting in a price per square foot of $419. The asset type is categorized as a multifamily property in the real estate market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,315,000
- Address: 116-118 Charles Street
- Market: Waltham, MA
- Broker: Gary J. Marchese - Marchese Realty Group
- Square Footage: 3,138
- Price Per Square Foot: $419
This deal involved broker Gary J. Marchese representing Marchese Realty Group. Their expertise and negotiation skills played a crucial role in facilitating the successful sale of the multifamily property at 116-118 Charles Street in Waltham, MA.
Waltham MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.06%
Cash-on-Cash
-3.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93