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24 North Street

Jay Goldberg Of Goldberg Properties Facilitates $1.01M Sale Of Georgetown Multifamily
SOLDMultiFamily

Jay Goldberg Of Goldberg Properties Facilitates $1.01M Sale Of Georgetown Multifamily

24 North Street

$1,010,000

Building Size

Asset Type

MultiFamily

Closing

Mar 29, 2024

AI

A meticulously maintained large antique colonial 3-family home at 24 North St in Georgetown, MA, sold for $1,010,000. Featuring updated units and a spacious barn, it offers a blend of historic charm and modern convenience, ideal for homeowners or investors seeking a versatile property in a convenient location.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,010,000
  • Units: 3
  • Price Per Unit: $336,667
  • Address: 24 North Street
  • Market: Georgetown, MA

Jay Goldberg of Goldberg Properties, Inc., represented the transaction as the broker.

Players

Jay Goldberg

Goldberg Properties

Broker

$10.2M

vol

2 deals

Broker

Georgetown 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

15.71%

Cash-on-Cash

-4.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93