Glenna Gelineau & Siobhan Cosby Represent Sale Of Waltham Multifamily For $1.765M
Massachusetts
See Similar DealsGlenna Gelineau & Siobhan Cosby Represent Sale Of Waltham Multifamily For $1.765M
147 Adams Street & 151 Adams Street
See Similar DealsSummary
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.
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