Updated Sep 9, 2024
Horvath & Tremblay Brokers Sell Lynn Multifamily For $3.5M
127-133 Washington Street
$3,500,000
$253/SF
Building Size
13,785 SF
Asset Type
MultiFamily
Closing
Nov 28, 2022
About this deal
AI
A multifamily property located at 127-133 Washington Street in Lynn, MA has been sold for a price of $3,500,000. The property consists of 17 units, with a price per unit of $205,882. The total square footage of the property is 13,785, resulting in a price per square foot of $254.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,500,000
- Units: 17
- Price Per Unit: $205,882
- Square Footage: 13,785
- Price Per Square Foot: $254
- Address: 127-133 Washington Street
- Market: Lynn, MA
The sale of this property was facilitated by brokers Dennis Kelleher, John Pentore, and Stephen Girolamo from Horvath & Tremblay.
Players
Lynn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Dennis Kelleher to view all their deals.
Browse Lynn multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93