Updated Oct 28, 2024
Jeffrey Kirchick & Julianne Parker Acquire Multifamily Property In Wellesley, MA For $1.9M
121 Washington Street
$1,915,000
$463/SF
Building Size
4,136 SF
Asset Type
MultiFamily
Closing
May 23, 2022
About this deal
AI
A multifamily property located at 121 Washington St in Wellesley, MA has been sold. The property consists of 2 units with a total square footage of 4,136. The sale price for the property was $1,915,000, resulting in a price per unit of $957,500 and a price per square foot of $463.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,915,000
- Address: 121 Washington St, Wellesley, MA
- Market: Wellesley, MA
The buyer of the property is Jeffrey Kirchick & Julianne Parker, while the seller is Washingon St Investments LLC. The deal was facilitated by the broker, Andrew Haddad.
On the Map
$1,915,000
$463/SF
MultiFamily
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Players
Wellesley Hills 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
8.28%
Cash-on-Cash
-2.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93