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17-19 Harris Street

Bob Airasian Of Coldwell Banker Acquires Multifamily Property In Belmont, MA For $1.47M As Buyer's Rep
SOLDMultiFamily

Bob Airasian Of Coldwell Banker Acquires Multifamily Property In Belmont, MA For $1.47M As Buyer's Rep

17-19 Harris Street

$1,470,000

$560/SF

Building Size

2,625 SF

Asset Type

MultiFamily

Closing

Mar 6, 2024

AI

In Belmont, MA, a multifamily property located at 17-19 Harris Street was sold for $1,470,000. The property spans 2,625 square feet with a price per square foot of $560.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,470,000
  • Address: 17-19 Harris Street
  • Market: Belmont, MA

Bob Airasian from Coldwell Banker represented the buyer, while The Toland Team from Berkshire Hathaway HomeServices represented the seller in the transaction.

Players

Bob Airasian

Coldwell Banker

Broker

$9M

vol

5 deals

Broker

Belmont MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.79%

Cash-on-Cash

-3.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93