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272 South Main Street

Updated Dec 4, 2024

Thom Greve Facilitates $1.7M Sale Of Attleboro Multifamily Property
SOLDMultiFamily

Thom Greve Facilitates $1.7M Sale Of Attleboro Multifamily Property

272 South Main Street

$1,700,000

$180/SF

Building Size

9,420 SF

Asset Type

MultiFamily

Closing

Apr 11, 2024

About this deal

AI

A multifamily property with 10 rental units located at 272 South Main Street in Attleboro, MA, was recently sold for $1.7 million. The property spans 9,420 square feet with each unit costing approximately $170,000 and a price per square foot of $180. Strategically positioned near commuter routes to Boston and Providence, the property boasts well-maintained apartments and offers potential for condo conversion.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,700,000
  • Units: 10
  • Price per Unit: $170,000
  • Square Footage: 9,420
  • Price per Square Foot: $180
  • Address: 272 South Main Street, Attleboro, MA
  • Market: Attleboro, MA

The buyer, represented by Cushman & Wakefield, successfully closed the deal for the 10-unit multifamily property. On the other side, the seller's representative was Thom Greve from Fathom Realty, bringing together the parties for this transaction.

Players

Thom Greve

Fathom Realty

Broker

$1.7M

vol

1 deal

Broker

Attleboro MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $180 per square foot on a published $1.7M for 9,420 square feet (2024).

Visit Fathom Realty to view all their deals.

Browse Attleboro multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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