Updated Dec 4, 2024
Sherre Weza Of Com-Pro Real Estate Brokers $1.2M Multifamily Sale In Lynn, MA
14 Ridgeway Street
$1,200,000
$369/SF
Building Size
3,251 SF
Asset Type
MultiFamily
Closing
Mar 8, 2024
About this deal
AI
A multifamily property located at 14 Ridgeway Street in Lynn, MA, was sold for $1.2 million. The property spans 3,251 square feet, resulting in a price per square foot of $369.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 14 Ridgeway Street
- Market: Lynn, MA
Sherre Weza from Com-Pro Real Estate Services facilitated the transaction as the broker representing the parties involved in the sale.
The multifamily sale at 14 Ridgeway Street in Lynn, Massachusetts sold for $1.2M in 2024. The building is 3,251 square feet, implying about 369 per square foot on the published price. Sherre Weza, Com-Pro Real Estate Services appear on the sale alongside Com-Pro Real Estate Services. This page is the Lynn, Massachusetts file for the 14 Ridgeway Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Lynn sit in the Market section below. Filter that Lynn multifamily set by closing date to see what else sold near 14 Ridgeway Street around 2024. Published consideration for 14 Ridgeway Street is $1.2M, dated 2024. Cite this Sherre Weza Of Com-Pro Real Estate Brokers $1.2M Multifamily Sale In Lynn, MA sale when underwriting similar multifamily product around Lynn, Massachusetts.
Lynn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Com-Pro Real Estate Services to view all their deals.
Browse Lynn multifamily sales on Traded.
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