Updated Dec 4, 2024
Annie Youssoufian Of Boston Brownstones Realty Represents Buyer In $1.1M Watertown Multifamily Sale
17 Oakland Street & 19 Oakland Street
$1,107,500
$238/SF
Building Size
2,320 SF
Asset Type
MultiFamily
Closing
Sep 16, 2024
About this deal
AI
A two-family home located at 17-19 Oakland Street in Watertown, MA, has been sold for $1,107,500. This multifamily asset encompasses a total of 2,320 square feet and includes 6 bedrooms and 2 bathrooms. The property features hardwood floors, renovated kitchens and bathrooms, and private balconies. Additionally, it provides convenient access to Watertown Square and public transportation.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,107,500
- Units: 2
- Price Per Unit: $553,750
- Square Footage: 2,320
- Price Per Square Foot: $477
Annie Youssoufian of Boston Brownstones Realty represented the buyer in this transaction, while Abby Marsh of Lamacchia Realty acted as the representative for the seller.
On the Map
$1,107,500
$238/SF
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.32%
Cash-on-Cash
-4.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93