Updated Dec 4, 2024
Multifamily Property At 15 Austin Street In Lowell, MA, Sold For $1.2M With Broker Jack Mantville
15 Austin Street
$1,245,000
$223/SF
Building Size
5,581 SF
Asset Type
MultiFamily
Closing
Aug 22, 2023
About this deal
AI
A multifamily property located at 15 Austin Street in Lowell, MA, has been sold for $1,245,000. The property spans a total of 5,581 square feet, resulting in a price per square foot (PPSF) of $223.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,245,000
- Address: 15 Austin Street
- Market: Lowell, MA
- Square Footage: 5,581
- Price Per Square Foot (PPSF): $223
The sale of the multifamily property at 15 Austin Street was facilitated by Jack Mantville of J. Borstell Real Estate, Inc.
Lowell MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jack Mantville to view all their deals.
Browse Lowell multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.74%
Cash-on-Cash
-3.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93