Multifamily Property In South Grafton, MA Sold For $1.6M With Buyer's Rep Dave Myers & Seller's Rep Tisia Ciesluk
20 Main Street & 26 Main Street
$1,600,000
$80/SF
Building Size
9,907 SF
Asset Type
MultiFamily
Closing
Sep 29, 2023
AI
A multifamily property in South Grafton, MA, located at 20-26 Main St., was sold for $1.6 million. The property spans 9,907 square feet, resulting in a price per square foot (PPSF) of $162.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Square Footage: 9,907
- Price per Square Foot (PPSF): $162
- Address: 20-26 Main St, South Grafton, MA
- Market: South Grafton, MA
Dave Myers from Real Property Brokers represented the buyer in this transaction, while Tisia Ciesluk from Coldwell Banker represented the seller.
Players
South Grafton 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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93