Updated Sep 5, 2024
Keller Williams Realty Acquires Multifamily Property In Lowell, MA For $1.1M
142 Jewett Street, Lowell, Massachusetts 01850, United States
$1,115,000
$260/SF
Building Size
4,284 SF
Asset Type
MultiFamily
Closing
May 26, 2022
About this deal
AI
A multifamily property located at 142 Jewett St in Lowell, MA has been sold for a total price of $1,115,000. The property spans 4,284 square feet, resulting in a price per square foot of $260.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,115,000
- Address: 142 Jewett St, Lowell, MA
- Market: Lowell, MA
The buyer's representative in this transaction was Jonathan Delarosa from Keller Williams Realty, while Brian Donoghue from Universal Property Management served as the seller's representative.
The multifamily sale at 142 Jewett Street, Lowell, Massachusetts 01850, United States in Lowell, Massachusetts sold for $1.1M in 2022. The building is 4,284 square feet, implying about 260 per square foot on the published price. Jonathan Delarosa, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the Lowell, Massachusetts file for the 142 Jewett Street, Lowell, Massachusetts 01850, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Lowell sit in the Market section below. Filter that Lowell multifamily set by closing date to see what else sold near 142 Jewett Street, Lowell, Massachusetts 01850, United States around 2022. Published consideration for 142 Jewett Street, Lowell, Massachusetts 01850, United States is $1.1M, dated 2022. Cite this Keller Williams Realty Acquires Multifamily Property In Lowell, MA For $1.1M sale when underwriting similar multifamily product around Lowell, Massachusetts.
Lowell 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
14.23%
Cash-on-Cash
-4.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93