Updated Dec 4, 2024
Three Family Home In Chelsea, MA Sells For $1.138M With Albeiro Lopera & Michael Ramos
129 Bloomingdale Street
$1,138,000
$260/SF
Building Size
4,362 SF
Asset Type
MultiFamily
Closing
May 10, 2024
About this deal
AI
A three-family home at 129 Bloomingdale St, Chelsea, MA, sold for $1,138,000, featuring 13 bedrooms and three baths across 4,362 sq ft. This property generates over $81,000 annually from tenant-at-will occupants and includes high ceilings, hardwood floors, a detached garage, and three off-street parking spaces.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $1,138,000
- Market: Chelsea, MA
- Square Footage: 4,362
- Price per Square Foot: $261
- Address: 129 Bloomingdale Street
- Brokers: Albeiro Lopera & Michael Ramos - United Brokers
The property at 129 Bloomingdale Street in Chelsea, MA, was facilitated by the brokers Albeiro Lopera and Michael Ramos from United Brokers.
On the Map
$1,138,000
$260/SF
MultiFamily
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Chelsea 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
13.94%
Cash-on-Cash
-3.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93