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117 South Street

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

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

117 South Street

$1,350,000

Building Size

Asset Type

MultiFamily

Closing

Jun 6, 2024

AI

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

Broker

$28.2M

vol

3 deals

Broker

Waltham 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

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93