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24 Church Street, Watertown...

Updated Dec 19, 2023

Watertown Multifamily Sells On Church Street For $3.8M With Brokers John Pentore & Dennis Kelleher
SOLDMultiFamily

Watertown Multifamily Sells On Church Street For $3.8M With Brokers John Pentore & Dennis Kelleher

24 Church Street, Watertown, MA, USA

$3,800,000

$339/SF

Building Size

11,208 SF

Asset Type

MultiFamily

Closing

Dec 29, 2020

About this deal

AI

A multifamily property located at 24 Church Street in Watertown was recently sold. The transaction took place on December 30, 2020, with a sale price of $3,800,000. The property spans 11,208 square feet, resulting in a price per square foot of $339. It comprises 11 units, making the price per unit reach $345,545. The sale was facilitated by brokers John Pentore and Dennis Kelleher from Horvath & Tremblay.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,800,000
  • Address: 24 Church Street, Watertown
  • Market: Watertown
  • Square Footage: 11,208
  • Price Per Square Foot: $339
  • Units: 11
  • Price Per Unit: $345,545

John Pentore and Dennis Kelleher, from Horvath & Tremblay, represented the parties involved in the transaction. Their expertise and assistance were instrumental in facilitating the sale of this multifamily property.

Players

Dennis Kelleher

Horvath & Tremblay

Broker

$570.4M

vol

98 deals

Broker

Watertown MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $339 per square foot on a published $3.8M for 11,208 square feet (2020).

Visit Dennis Kelleher to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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