Updated Dec 4, 2024
Keller Williams Brokers Facilitate $1.2M Multifamily Sale In North Chelmsford
133 Middlesex Street
$1,200,000
$200/SF
Building Size
5,974 SF
Asset Type
MultiFamily
Closing
May 3, 2024
About this deal
AI
A 5,974 sq ft two-family home at 133 Middlesex St in Chelmsford, MA, sold for $1.2M, featuring 9 bedrooms and 5 baths. The property includes a spacious first-floor unit, a versatile second-floor accessory unit, and a two-bedroom rental unit, offering multi-generational living or investment opportunities.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Units: 2
- Price Per Unit: $600,000
- Square Footage: 5,974
- Price Per Square Foot: $201
- Address: 133 Middlesex Street
- Market: North Chelmsford, MA
Rhonda Stone from The Touchstone Partners - Keller Williams represented the buyer, while Bill Pozerycki & Linda Arpino from Keller Williams represented the seller in the transaction.
Players
North Chelmsford 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93