Updated Dec 21, 2023
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
$1,010,000
$101/SF
Building Size
10,000 SF
Asset Type
MultiFamily
Closing
Jan 24, 2022
About this deal
AI
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.
Players
Worcester MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.71%
Cash-on-Cash
-4.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93