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Keller Williams Brokers Facilitate $1.2M Multifamily Sale In North Chelmsford
SOLD
Massachusetts
See Similar DealsMultiFamily5,974 SF
Sold 05/03/2024
SOLD
Keller Williams Brokers Facilitate $1.2M Multifamily Sale In North Chelmsford
133 Middlesex Street
See Similar DealsMultiFamily5,974 SF
Sold 05/03/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$200
Total Square Footage:5,974 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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