facebook
Traded Co logo
Submit

Gibson Sotheby's Acquires Multifamily Property In Arlington, MA For $1.335M

Property Image
SOLD
$1,335,000

Massachusetts

See Similar Deals
MultiFamily3,450 SF
Sold 08/10/2021
the dealplayerscompscontact
Property Image
SOLD

Gibson Sotheby's Acquires Multifamily Property In Arlington, MA For $1.335M

147 Highland Ave, Arlington, Massachusetts, USA

See Similar Deals
MultiFamily3,450 SF
Sold 08/10/2021
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$387
Total Square Footage:3,450 SF
Transaction Type:Sale

The multifamily property located at 147 Highland Ave in Arlington, MA has been sold for a price of $1,335,000. The property spans a total area of 3,450 square feet, resulting in a price per square foot of $387.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,335,000
  • Market: Arlington, MA

The seller's representative in this transaction was Judy Weinberg from Leading Edge Real Estate, while the buyer was represented by Steve McKenna & The Home Advantage Team from Gibson Sotheby's International Realty.

Players

Judy Weinberg
5 deals$6.4M volume
BROKER

Stephen (Steve) McKenna
Sotheby's International Realty
15 deals$19.6M volume
BROKER

Details

SOLD
IMAGE: Judy Weinberg & Steve McKenna DATE: 08/10/2021 ADDRESS: 147 Highland Ave MARKET: Arlington, MA ASSET TYPE: Multifamily SELLER'S REP: Judy Weinberg - Leading Edge Real Estate BUYER'S REP: Steve McKenna & The Home Advantage Team - Gibson Sotheby's International Realty SALE PRICE: $1,335,000 SF: 3,450 ~ PPSF: $387

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$71,200.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,742.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,328.58
Annual Debt Service$75,942.97