Updated Dec 4, 2024
Shauna Fanning & Joanne Conway Sell 3-Family Multifamily In Braintree, MA For $1.15M
12 French Avenue
$1,150,000
$322/SF
Building Size
3,566 SF
Asset Type
MultiFamily
Closing
May 24, 2024
About this deal
AI
A multi-family property located at 12 French Ave, Braintree, MA 02184, was sold for $1,150,000. The well-maintained 3-family unit features 7 bedrooms, 3 bathrooms, and spans 3,566 square feet, offering a fantastic location near MBTA, shopping, and schools, with recent updates including a new roof in 2023.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Units: 3
- Price Per Unit: $383,333
- Square Footage: 3,566
- Price Per Square Foot: $322
- Address: 12 French Avenue, Braintree, MA
- Market: Braintree, MA
The buyer's representative for this transaction was Shauna Fanning from Lamacchia Realty, while the seller's representative was Joanne Conway from William Raveis Real Estate, facilitating the sale of the multi-family property located in Braintree, MA.
Players
Braintree 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93