Hickey Homes Team & J Barrett & Company Facilitate Sale Of Multifamily In Essex For $1.1M
143 Main Street
$1,117,000
$414/SF
Building Size
2,698 SF
Asset Type
MultiFamily
Closing
Feb 15, 2024
AI
143 Main Street in Essex, MA is a multifamily property that was recently sold for $1,117,000. The transaction was facilitated by the Hickey Homes Team of Cameron Prestige - Amesbury, representing the buyer, and Ann Olivo & Christine Moore of J Barrett & Company, representing the seller. The property spans 2,698 square feet with a price per square foot of $414.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,117,000
- Address: 143 Main Street
- Market: Essex, MA
- Buyer's Rep: Hickey Homes Team - Cameron Prestige - Amesbury
- Seller's Rep: Ann Olivo & Christine Moore - J Barrett & Company
- SF: 2,698
- PPSF: $414
The Hickey Homes Team of Cameron Prestige - Amesbury and Ann Olivo & Christine Moore of J Barrett & Company played integral roles in the successful sale of the multifamily property at 143 Main Street. Their expertise and representation were crucial in finalizing the deal between the buyer and seller.
Players
Essex MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.20%
Cash-on-Cash
-4.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93