EXp Realty Sells Multifamily Property In Worcester, MA For $1.01M With Buyer's Rep Emily Therrien
SOLD
$1,010,000
Massachusetts
See Similar DealsMultiFamily10,000 SF
Sold 01/25/2022
SOLD
EXp Realty Sells Multifamily Property In Worcester, MA For $1.01M With Buyer's Rep Emily Therrien
273 Grafton St, Worcester, Massachusetts 01604, United States
See Similar DealsMultiFamily10,000 SF
Sold 01/25/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$101
Total Square Footage:10,000 SF
Transaction Type:Sale
The multifamily property located at 273-279 Grafton St in Worcester, MA has been sold for a price of $1,010,000. The property spans a total of 10,000 square feet, resulting in a price per square foot of $101.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,010,000
- Address: 273-279 Grafton St, Worcester, MA
- Market: Worcester, MA
Emily Therrien of Jack Gately Real Estate, LLC represented the buyer in this transaction, while Jim Black of eXp Realty served as the seller's representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,588.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,787.92
Annual Debt Service$57,454.98
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