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26 Bartlett Avenue

Erica Yang Of Coldwell Banker Represents Buyer In Arlington Multifamily Sale For $2.87M
SOLDMultiFamily

Erica Yang Of Coldwell Banker Represents Buyer In Arlington Multifamily Sale For $2.87M

26 Bartlett Avenue

$2,870,000

$433/SF

Building Size

6,614 SF

Asset Type

MultiFamily

Closing

Aug 29, 2024

AI

A multi-family home located at 26 Bartlett Avenue in Arlington, MA has been sold for $2,870,000. The property boasts a total area of 6,614 square feet and is priced at $434 per square foot. It features 9 bedrooms and 8 bathrooms and is recently renovated with premium finishes.

Summary of transation details:

This transaction highlights the representation by Erica Yang of Coldwell Banker for the buyer and John Petrowsky of Compass for the seller, ensuring professional guidance for both parties throughout the process.

Players

John Petrowsky

Compass

Broker

$12.3M

vol

5 deals

Broker

Arlington 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

5.53%

Cash-on-Cash

-1.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93