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25 Acorn Street

Rajit Shrestha Of 360 Realty Facilitates $1.075M Multifamily Sale In Malden, MA
SOLDMultiFamily

Rajit Shrestha Of 360 Realty Facilitates $1.075M Multifamily Sale In Malden, MA

25 Acorn Street

$1,075,000

$388/SF

Building Size

2,764 SF

Asset Type

MultiFamily

Closing

May 20, 2024

AI

25 Acorn Street in Malden, MA, is a well-maintained two-family home sold for $1.075 million. The property features recent updates such as new windows, kitchen renovations, and hardwood floors. It consists of 2 units with a total square footage of 2,764 and a price per unit of $537,500. The price per square foot stands at $389.

Summary of transation details:

The deal was facilitated by Rajit Shrestha from 360 Realty. This transaction presents a lucrative opportunity for either an owner-occupant or an investor looking to capitalize on a property with recent upgrades and a desirable location in Malden, MA.

Players

Rajit Shrestha

360 Realty

Broker

$3.1M

vol

3 deals

Broker

Malden MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.76%

Cash-on-Cash

-4.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93