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26 Harwood Street, Lynn, Ma...

Updated Dec 20, 2023

Dan Pouladian & Sara Pouladian Of North Shore Realty Advisors Sell Multifamily Property In Lynn, MA
SOLDMultiFamily

Dan Pouladian & Sara Pouladian Of North Shore Realty Advisors Sell Multifamily Property In Lynn, MA

26 Harwood Street, Lynn, Massachusetts 01902, United States

$5,765,000

$247/SF

Building Size

23,256 SF

Asset Type

MultiFamily

Closing

May 31, 2022

About this deal

AI

This multifamily property located at 26 Harwood St in Lynn, MA has recently been sold. The transaction was facilitated by Dan Pouladian and Sara Pouladian of North Shore Realty Advisors.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $5,765,000
  • Number of Units: 24
  • Price per Unit: $240,208
  • Square Footage: 23,256
  • Price per Square Foot: $248
  • Address: 26 Harwood St, Lynn, MA
  • Market: Lynn, MA

On 06/01/2022, this 24-unit multifamily property was sold for a total of $5,765,000. The price per unit was approximately $240,208, and the total square footage of the property is 23,256. The transaction was handled by Dan Pouladian and Sara Pouladian from North Shore Realty Advisors, who acted as exclusive agents for the seller and represented the buyer as well. Congratulations to both the seller and buyer on this successful transaction!

Players

Dan Pouladian

Northshore Realty Advisors

Broker

$310.7M

vol

69 deals

Broker

Lynn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $247 per square foot on a published $5.8M for 23,256 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.75%

Cash-on-Cash

-0.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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