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249 Washington Street

Updated Dec 4, 2024

Multifamily Property In Haverhill, MA Sold For $2.05M With Broker J Bradford Brooks
SOLDMultiFamily

Multifamily Property In Haverhill, MA Sold For $2.05M With Broker J Bradford Brooks

249 Washington Street & 251 Washington Street

$2,050,000

$142/SF

Building Size

7,216 SF

Asset Type

MultiFamily

Closing

Sep 13, 2023

About this deal

AI

A multifamily property located at 249 & 251 Washington Street in Haverhill, MA, was recently sold for a total price of $2.05 million. The property boasts a spacious 7,216 square footage, resulting in a price per square foot of $284.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,050,000
  • Square Footage: 7,216
  • Price Per Square Foot: $284
  • Address: 249 & 251 Washington Street, Haverhill, MA
  • Market: Haverhill, MA

The sale transaction for this multifamily property was facilitated by J Bradford Brooks of Coldwell Banker, who acted as the broker in the deal.

Players

J Bradford Brooks

Coldwell Banker

Broker

$2.1M

vol

1 deal

Broker

Haverhill MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $142 per square foot on a published $2.1M for 14,432 square feet (2023).

Visit Coldwell Banker to view all their deals.

Browse Haverhill multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.74%

Cash-on-Cash

-2.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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