Manwinder Singh Acquires Multifamily Property At 211 Elm Street For $1,025,000 With Joe Vecchione As The Broker
211 Elm Street
$1,025,000
$226/SF
Building Size
4,521 SF
Asset Type
MultiFamily
Closing
Jun 25, 2026
AI
The asset involved in this transaction is a multifamily property located at 211 Elm Street in Everett, MA. The sale price of this property was $1,025,000, which equates to a price per unit of $341,666. The total square footage of the property is 4,521, resulting in a price per square foot of $226. This property consists of 3 residential units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,025,000
- Buyer: Manwinder Singh
- Seller: Francesco Epifania
- Broker: Joe Vecchione - Grove Property Group
- Units: 3
- Square Footage: 4,521
- Price per Unit: $341,666
- Price per Square Foot: $226
- Date of Transaction: 6/26/2026
- Market: Everett, MA
The transaction was facilitated by broker Joe Vecchione, representing the interests of the seller Francesco Epifania in this deal. The buyer, Manwinder Singh, successfully completed the purchase of the multifamily property, marking a significant addition to their portfolio.
Market 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
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93