Updated Sep 10, 2026
Trefor Wigg Purchases 6-Unit Multifamily Property At 3 Lee Street For $1 Million
3 Lee Street
$1,000,000
$232/SF
Building Size
4,304 SF
Asset Type
MultiFamily
Closing
Sep 1, 2026
About this deal
AI
A multi-family property located at 3 Lee Street in Pawtucket, RI, was sold for $1,000,000. The asset comprises 6 units and spans a total square footage of 4,304, resulting in a price per unit of $166,666 and a price per square foot of $232.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,000,000
- Units: 6
- Square Footage: 4,304
- Price Per Unit: $166,666
- Price Per Square Foot: $232
- Buyer: Trefor Wigg
- Seller: Cindy Bourg
- Broker: Josh Morris - New England Apartment Group
The transaction was facilitated by broker representative Josh Morris from New England Apartment Group, who represented the seller, Cindy Bourg, and ensured a successful closing for the buyer, Trefor Wigg.
Players
Lee 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93