Updated Sep 5, 2024
Patrick C. Sullivan Acquires Multifamily Property In Worcester, MA For $2.5M
146 Chandler Street, Worcester, Massachusetts 01609, United States
$2,495,000
$143/SF
Building Size
17,410 SF
Asset Type
MultiFamily
Closing
Dec 22, 2021
About this deal
AI
The multifamily property located at 146-152 Chandler St in Worcester, MA was recently sold for a price of $2,495,000. The transaction took place on 12/22/2021. The property sits on approximately 0.45 acres and spans a total of 17,410 square feet. The sale price per square foot was $143. The sale of this property was facilitated by Sophie Kozaczka from Keller Williams Realty Greater Worcester, who represented the seller, and Patrick C. Sullivan from Cameron Prestige, LLC, who represented the buyer.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,495,000
- Address: 146-152 Chandler St, Worcester, MA
- Market: Worcester, MA
- Acres: 0.45
- Square Footage: 17,410
- Price per Square Foot: $143
This transaction was made possible through the representation of Sophie Kozaczka from Keller Williams Realty Greater Worcester as the seller's representative and Patrick C. Sullivan from Cameron Prestige, LLC as the buyer's representative.
Players
Worcester 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
6.36%
Cash-on-Cash
-1.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93