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146 Chandler Street, Worces...

Updated Sep 5, 2024

Patrick C. Sullivan Acquires Multifamily Property In Worcester, MA For $2.5M
SOLDMultiFamily

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

Sophie Kozaczka

Keller Williams Realty

Broker

$2.5M

vol

1 deal

Broker

Worcester MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $143 per square foot on a published $2.5M for 17,410 square feet (2021).

Visit Keller Williams Realty to view all their deals.

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

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