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

Property Image
SOLD
$2,870,000
John Petrowsky
Erica Yang

Massachusetts

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MultiFamily6,614 SF
Sold 08/29/2024
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Property Image
SOLD

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

26 Bartlett Avenue

See Similar Deals
MultiFamily6,614 SF
Sold 08/29/2024
John Petrowsky
Erica Yang
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$433
Total Square Footage:6,614 SF
Transaction Type:Sale

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
John Petrowsky
5 deals$12.3M volume
BROKER
Erica Yang
Coldwell Banker
Erica Yang
1 deal$2.9M volume(617) 401-7398
BROKER

Details

SOLD
IMAGE: Erica Yang & John Petrowsky DATE: 08/29/2024 ADDRESS: 26 Bartlett Avenue MARKET: Arlington, MA ASSET TYPE: Multifamily BUYER'S REP: Erica Yang (@EricaYang.RE) - Coldwell Banker (@ColdwellBanker) SELLER'S REP: John Petrowsky - Compass (@Compass) SALE PRICE: $2,870,000 SF: 6,614 ~ PPSF: $434 NOTE: Arlington multi-family home sold for $2.87M, featuring 9 beds and 8 baths across 6,614 sq ft, priced at $434/sqft. Recently renovated, the property is designed for multi-generational living with premium finishes, spacious layouts, separate entrances, and modern amenities, including a sophisticated HVAC system and a large yard.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$153,066.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,196.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,605.26
Annual Debt Service$163,263.17