facebook
Traded Co logo
Submit
Daily limit: 0/10

Francesca Little Of Little & Co Brokers $2M Sale Of MultiFamily At 286 Washington Street Salem

Property Image
SOLD
$2,000,000

Massachusetts

See Similar Deals
MultiFamily4,695 SF
Sold 12/06/2024
the dealplayerscompscontact
Property Image
SOLD

Francesca Little Of Little & Co Brokers $2M Sale Of MultiFamily At 286 Washington Street Salem

286 Washington Street

See Similar Deals
MultiFamily4,695 SF
Sold 12/06/2024
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$426
Total Square Footage:4,695 SF
Transaction Type:Sale

The multi-family property located at 286 Washington Street in Salem, MA has been sold for $2 million. The asset encompasses a total area of 4,695 square feet, resulting in a price per square foot of $426.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $2,000,000
  • Square Footage: 4,695 SF
  • Price per Square Foot: $426
  • Address: 286 Washington Street
  • Market: Salem, MA
  • Broker: Francesca Little - Little & Co

The transaction was brokered by Francesca Little representing the interests of the seller through her agency, Little & Co.

Players

Francesca Little
Little & Co
Francesca Little
7 deals$15.1M volume(978) 973-7277
BROKER

Details

SOLD
IMAGE: Francesca Little DATE: 12/06/2024 ADDRESS: 286 Washington Street MARKET: Salem, MA ASSET TYPE: MultiFamily BROKER: Francesca Little - Little & Co SALE PRICE: $2,000,000 SF: 4,695 ~ PPSF: $426 NOTE: The multi-family property at 286 Washington Street in Salem has been sold for $2 million, with a price per square foot of $426. The deal was brokered by Francesca Little of Little & Co.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$106,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24