Updated Dec 4, 2024
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
Haverhill 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
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93