facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

172-Princeton Street

Updated Sep 5, 2024

Property Partners Acquires Multifamily Properties In Jefferson For $1.45M
SOLDMultiFamily

Property Partners Acquires Multifamily Properties In Jefferson For $1.45M

172-Princeton Street

$1,450,000

$188/SF

Building Size

7,702 SF

Asset Type

MultiFamily

Closing

Sep 18, 2023

About this deal

AI

Two multifamily properties located at 172 Princeton Street and 180 Princeton Street in Jefferson, MA, were sold for a total of $1,450,000. The combined properties encompass 7,702 square feet, with a price per square foot of $188.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,450,000
  • Address: 172-180 Princeton Street, Jefferson, MA
  • Square Footage: 7,702 sq ft
  • Price per Square Foot: $188
  • Buyer's Representative: Mike Dagilis - Property Partners Real Estate LLC
  • Seller's Representative: Karynsue Marchione-Reilly - Park Place Realty Enterprises

Mike Dagilis from Property Partners Real Estate LLC represented the buyer in this transaction, while Karynsue Marchione-Reilly from Park Place Realty Enterprises represented the seller. The deal involved two multifamily properties in Jefferson, MA, with a combined total of 7,702 square feet. The transaction amount was $1,450,000, with a price per square foot of $188.

Players

Karynsue Marchione-Reilly

Broker

$1.5M

vol

1 deal

Broker

East Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $188 per square foot on a published $1.5M for 7,702 square feet (2023).

Visit Property Partners Real Estate to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets