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3 Lee Street

Updated Sep 10, 2026

Trefor Wigg Purchases 6-Unit Multifamily Property At 3 Lee Street For $1 Million
SOLDMultiFamily

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:

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

Josh Morris

New England Apartment Group

Broker

$24.3M

vol

7 deals

Broker

Trefor Wigg

Buyer

$1M

vol

1 deal

Buyer

Cindy Bourg

Seller

$1M

vol

1 deal

Seller

Lee MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $232 per square foot on a published $1M for 4,304 square feet (2026).

Visit Josh Morris to view all their deals.

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

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