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Kristen Germano Of NextHome Tradition Represents Buyer In $1.078M Arlington Multifamily Sale

Property Image
SOLD
$1,078,000
William W. Brennan
KG

Massachusetts

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MultiFamily2,208 SF
Sold 09/09/2024
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Property Image
SOLD

Kristen Germano Of NextHome Tradition Represents Buyer In $1.078M Arlington Multifamily Sale

27-29 Dartmouth Street

See Similar Deals
MultiFamily2,208 SF
Sold 09/09/2024
William W. Brennan
KG
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$488
Total Square Footage:2,208 SF
Transaction Type:Sale

A two-family property located at 27-29 Dartmouth Street in Arlington, MA, has been sold for $1,078,000. The asset encompasses a total of 2,208 square feet and features four bedrooms and two bathrooms. The property includes updates such as insulated windows and gas heating, along with parking space for four vehicles and a mature garden area.

Summary of transaction details:

The transaction involved key representatives, with Kristen Germano representing the buyer through NextHome Tradition and William W. Brennan representing the seller from Greater Metropolitan Real Estate. These professionals facilitated the agreement for the property sale.

Players

William W. Brennan
Greater Metropolitan Real Estate
William W. Brennan
3 deals$4.4M volume(781) 574-1000
BROKER
KG
NextHome
Kristen Germano
1 deal$1.1M volume(978) 857-4693
BROKER

Details

SOLD
IMAGE: William W. Brennan DATE: 09/09/2024 ADDRESS: 27-29 Dartmouth Street MARKET: Arlington, MA ASSET TYPE: Multifamily BUYER'S REP: Kristen Germano - NextHome Tradition SELLER'S REP: William W. Brennan - Greater Metropolitan Real Estate (@GMREBoston) SALE PRICE: $1,078,000 UNITS: 2 ~ PPU: $539,000 SF: 2,208 ~ PPSF: $488 NOTE: A two-family property at 27-29 Dartmouth St, Arlington, sold for $1.078M. The investment property features 4 bedrooms, 2 baths, and updates including insulated windows and gas heating, with parking for 4 vehicles and a mature garden space.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$3,829.92
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