Glenna Gelineau & Siobhan Cosby Represent Sale Of Waltham Multifamily For $1.765M

A six-unit multi-family property located at 147-151 Adams Street in Waltham, MA, has been sold for $1,765,000. The building spans 6,022 square feet and is situated on a 4,069-square-foot lot. This property, built in 1900, offers a 7% cap rate based on its current net income, with separate utilities and all leases operating on a month-to-month basis.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $1,765,000
• Units: 6
• Price Per Unit: $294,167
• Total Square Footage: 6,022
• Price Per Square Foot: $293

The transaction was facilitated by Glenna Gelineau and Siobhan Cosby, representing Gelineau & Associates R.E. in the deal.