Updated Dec 21, 2023
Showcase Of Homes, REALTORS Sells Multifamily Property In Lowell, MA For $1.13M
1774 Middlesex St, Lowell, MA, USA
$1,130,000
$182/SF
Building Size
6,190 SF
Asset Type
MultiFamily
Closing
Apr 14, 2021
About this deal
AI
Located at 1774 Middlesex St in Lowell, MA, this multifamily property has recently been sold. The sale took place on April 15, 2021, with a sale price of $1,130,000. The property spans 6,190 square feet, resulting in a price per square foot of $183.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,130,000
- Address: 1774 Middlesex St, Lowell, MA
- Market: Lowell, MA
In this transaction, Walter Zenkin from Showcase Of Homes, REALTORS served as the broker. Their expertise and representation played a vital role in the successful sale of the property.
Players
Lowell MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Walter Zenkin to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.04%
Cash-on-Cash
-4.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93