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Amy Mizner & Will Montero Of Gibson Sotheby's Sell 4-Unit Waltham MultiFamily For $1.35M

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SOLD
$1,350,000
Will Montero
Amy Mizner

Massachusetts

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MultiFamily
Sold 06/06/2024
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Property Image
SOLD

Amy Mizner & Will Montero Of Gibson Sotheby's Sell 4-Unit Waltham MultiFamily For $1.35M

117 South Street

See Similar Deals
MultiFamily
Sold 06/06/2024
Will Montero
Amy Mizner
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale

A 4-unit residence in Waltham, MA, was recently sold for $1,350,000. The property features updated kitchens, baths, water heaters, furnace, and electric meters, making it a prime investment opportunity.

Summary of transaction details:

Amy Mizner and Will Montero from Gibson Sotheby's International Realty facilitated the transaction, representing the involved parties in this real estate deal.

Players

Amy Mizner
Sotheby's International Realty
Amy Mizner
3 deals$28.2M volume(617) 851-4909
BROKER
Will Montero
Sotheby's International Realty
Will Montero
2 deals$2.4M volume(617) 312-7232
BROKER

Details

SOLD
IMAGE: Amy Mizner & Will Montero DATE: 06/06/2024 ADDRESS: 117 South Street MARKET: Waltham, MA ASSET TYPE: MultiFamily BROKERS: Amy Mizner (@AmyMizner) & Will Montero (@WillMonteroSothebys) - Gibson Sotheby's International Realty (@Gibson_SIR) SALE PRICE: $1,350,000 UNITS: 4 ~ PPU: $337,500 NOTE: A prime investment opportunity in Waltham, MA, presents itself with a 4-unit residence selling for $1,350,000, boasting updated features including kitchens, baths, water heaters, furnace, and electric meters.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$72,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,796.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,399.69
Annual Debt Service$76,796.26