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147 Hancock Street

Updated Dec 4, 2024

Vita Realty Group Acquires Multifamily Property In Everett For $1.3M
SOLDMultiFamily

Vita Realty Group Acquires Multifamily Property In Everett For $1.3M

147 Hancock Street & 149 Hancock Street

$1,300,000

Units

3

Asset Type

MultiFamily

Closing

Jun 17, 2024

About this deal

AI

147-149 Hancock St in Everett, MA, sold for $1,300,000, featuring a meticulously maintained three-family home with nine beds and three baths spanning 3,342 sq ft. Each unit boasts updated kitchens, gleaming hardwood floors, and modern amenities like washer/dryer hook-ups, while the property includes economical gas heating, ample storage in a spacious basement, and parking for four cars plus a garage.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,300,000
  • Units: 3
  • Price Per Unit: $433,333
  • Address: 147-149 Hancock Street, Everett, MA
  • Market: Everett, MA

The buyer's representative for the sale was Vita Realty Group from Compass, while the seller's representative was Vera A. Rivers from Bond Realty.

Players

Vera A. Rivers

Bond Realty

Broker

$1.3M

vol

1 deal

Broker

Everett MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $433.3K per unit across 3 units on a published $1.3M (2024).

Visit Bond Realty to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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