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14 Ridgeway Street

Sherre Weza Of Com-Pro Real Estate Brokers $1.2M Multifamily Sale In Lynn, MA
SOLDMultiFamily

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

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.

Players

Sherre Weza

Com-Pro Real Estate Services

Broker

$1.2M

vol

1 deal

Broker

Lynn 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