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23-25 Windsor Street

Wendy Wang Of Downtown Boston Real Estate Represents Buyer In $1.35M Multifamily Sale In Arlington
SOLDMultiFamily

Wendy Wang Of Downtown Boston Real Estate Represents Buyer In $1.35M Multifamily Sale In Arlington

23-25 Windsor Street

$1,350,000

$536/SF

Building Size

2,516 SF

Asset Type

MultiFamily

Closing

Jul 29, 2024

AI

A two-family home located at 23-25 Windsor Street in Arlington, MA, was sold for $1.35 million. The asset features a total of 2,516 square feet, encompassing 5 bedrooms and 2 bathrooms with potential for renovation. The sale price per unit was $675,000 and the price per square foot amounted to $537.

Summary of transaction details:

The sale involved Wendy Wang, representing the buyer, and Stephen McKenna, representing the seller. The property is strategically located near Capitol Square, Alewife Station, and major routes, contributing to its appeal in the Arlington market.

Players

Stephen McKenna

Sotheby's International Realty

Broker

$19.6M

vol

15 deals

Broker

Arlington 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

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93