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Amit Anand Represents Equinox Properties In $1.2M Multifamily Sale, North Attleboro MA
SOLD
$1,200,000
Massachusetts
See Similar DealsMultiFamily3,816 SF
Sold 04/10/2024
SOLD
Amit Anand Represents Equinox Properties In $1.2M Multifamily Sale, North Attleboro MA
24 Church Street
See Similar DealsMultiFamily3,816 SF
Sold 04/10/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$314
Total Square Footage:3,816 SF
Transaction Type:Sale
A 17-room rooming house located at 24 Church St, North Attleboro, MA, was sold for $1,200,000, featuring amenities such as coin-operated washers and dryers and updated systems including a fire suppression system, heating, and hot water systems.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 24 Church Street
- Market: North Attleboro, MA
- Square Footage: 3,816
- Price per Square Foot: $314
- Buyer's Rep: Amit Anand - Equinox Properties
- Seller's Rep: Leslie Fleming - Olde Towne Realtors
The buyer's representative for this transaction was Amit Anand from Equinox Properties, while the seller's representative was Leslie Fleming from Olde Towne Realtors.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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