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146 Webster Avenue

Sisy Qu & Dennis Kelleher Broker Multifamily Sale In Cambridge For $1.73M
SOLDMultiFamily

Sisy Qu & Dennis Kelleher Broker Multifamily Sale In Cambridge For $1.73M

146 Webster Avenue

$1,730,000

$581/SF

Building Size

2,976 SF

Asset Type

MultiFamily

Closing

Apr 23, 2024

AI

Located at 146 Webster Ave in Cambridge, this multi-family investment property recently changed ownership in a sale transaction amounting to $1,730,000. The property features 9 beds, 3 baths, and spans across 2,976 sq ft of living space.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,730,000
  • Address: 146 Webster Avenue
  • Market: Cambridge, MA
  • Square Footage: 2,976
  • Price per Square Foot: $581

The buyer in this transaction was Sisy Qu representing EXP Realty, while the seller was Dennis Kelleher from Horvath & Tremblay. These individuals played pivotal roles as the buyer's and seller's representatives, respectively, in finalizing the sale of this multi-family property.

Players

Dennis Kelleher

Horvath & Tremblay

Broker

$561.5M

vol

96 deals

Broker

Cambridge 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

9.17%

Cash-on-Cash

-2.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93