Kim Covino Sells Multifamily In Woburn, MA For $1.68M At Compass
13 Conn Street & 15 Conn Street
$1,680,000
$193/SF
Building Size
8,704 SF
Asset Type
MultiFamily
Closing
Jun 24, 2024
AI
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
Woburn 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
9.44%
Cash-on-Cash
-2.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93