Sam Takla & David Restic Facilitate $1.15M Sale In Medway Multifamily Transaction
192 Main Street
$1,150,000
$162/SF
Building Size
7,061 SF
Asset Type
MultiFamily
Closing
Mar 26, 2024
AI
Located at 192 Main St, Medway, MA, a 6-unit multi-family property was recently sold for $1,150,000. This property spans 7,061 square feet and was transacted at a price per unit of $191,667 and a price per square foot of $163. The asset offers immediate income potential with vacant units, separate utilities, and natural gas heating in most units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Units: 6
- Square Footage: 7,061
- Price per Unit: $191,667
- Price per Square Foot: $163
- Address: 192 Main Street
- Market: Medway, MA
Sam Takla from Coldwell Banker represented the buyer, while David Restic from Property Services Network represented the seller in this transaction.
Players
Medway MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93