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RE/MAX Advantage Real Estate Represents Buyer In $1.1M Multifamily Sale In Beverly, MA

Property Image
SOLD
$1,113,000
Kathleen Sullivan
Derek Greene

Massachusetts

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MultiFamily4,390 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

RE/MAX Advantage Real Estate Represents Buyer In $1.1M Multifamily Sale In Beverly, MA

23 Washington Street, Beverly, Massachusetts, USA

See Similar Deals
MultiFamily4,390 SF
Sold
Kathleen Sullivan
Derek Greene
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$253
Total Square Footage:4390 SF
Transaction Type:Sale

Located at 23 Washington Street in Beverly, MA, this recently sold multifamily property offers a total square footage of 4,390. The transaction took place on July 10, 2020, with a sale price of $1,113,000. The property was sold at an average price per square foot (PPSF) of $253.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,113,000
  • Square Footage: 4,390
  • Price per Square Foot (PPSF): $253
  • Market: Beverly, MA

Kathleen Sullivan, from RE/MAX Advantage Real Estate, represented the buyer in this transaction, while Derek Greene, from The Greene Realty Group, represented the seller.

Players

Derek Greene
The Greene Realty Group
Derek Greene
3 deals$5.2M volume(860) 560-1006
BROKER
Kathleen Sullivan
Kathleen Sullivan
3 deals$4.8M volume
BROKER

Details

SOLD
IMAGE: Kathleen Sullivan DATE: 07/10/2020 ADDRESS: 23 Washington Street MARKET: Beverly, MA ASSET TYPE: Multifamily BUYER’S REP: Kathleen Sullivan - RE/MAX Advantage Real Estate SELLER’S REP: Derek Greene - The Greene Realty Group SALE PRICE: $1,113,000 SF: 4,390 ~ PPSF: $253

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Debt Service Coverage Ratio (DSCR)

0.94x

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Cash Flow (Annual)-$3,954.26
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