facebook
Traded Co logo
Submit
Daily limit: 0/10

Kim Covino Sells Multifamily In Woburn, MA For $1.68M At Compass

Property Image
SOLD
$1,680,000

Massachusetts

See Similar Deals
MultiFamily8,704 SF
Sold 06/24/2024
the dealplayerscompscontact
Property Image
SOLD

Kim Covino Sells Multifamily In Woburn, MA For $1.68M At Compass

13 Conn Street & 15 Conn Street

See Similar Deals
MultiFamily8,704 SF
Sold 06/24/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$193
Total Square Footage:8,704 SF
Transaction Type:Sale

A newly constructed multi-family property at 13-15 Conn St., Woburn, sold for $1.68 million. This asset comprises two townhouses with a total of 6 beds and 7 baths, featuring modern amenities such as a chef’s kitchen, EV charging, and a finished basement.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,680,000
  • Units: 2
  • Price Per Unit: $840,000
  • Square Footage: 4,352
  • Price Per Square Foot: $386
  • Address: 13-15 Conn Street, Woburn, MA
  • Market: Woburn, MA

Kim Covino from Compass represented the deal as the broker involved in this transaction.

Players

Kim Covino
8 deals$15.6M volume
BROKER

Details

SOLD
IMAGE: Kim Covino DATE: 06/24/2024 ADDRESS: 13-15 Conn Street MARKET: Woburn, MA ASSET TYPE: Multifamily BROKER: Kim Covino - Compass (@Compass) SALE PRICE: $1,680,000 UNITS: 2 ~ PPU: $840,000 SF: 4,352 ~ PPSF: $386 NOTE: A newly constructed multi-family at 13-15 Conn St., Woburn, sold for $1.68 million, featuring two townhouses with a total of 6 beds and 7 baths. The property offers modern amenities including a chef’s kitchen, EV charging, and a finished basement, making it ideal for investment or multi-generational living.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$89,599.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,968.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,964.06
Annual Debt Service$95,568.69