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30-32 Irving Street

Updated Dec 4, 2024

Danny Zheng Acquires Multifamily Property In Winchester, MA For $1,039,000
SOLDMultiFamily

Danny Zheng Acquires Multifamily Property In Winchester, MA For $1,039,000

30-32 Irving Street

$1,039,000

$419/SF

Building Size

2,477 SF

Asset Type

MultiFamily

Closing

Dec 22, 2023

About this deal

AI

In Winchester, MA, a multifamily property located at 30-32 Irving Street was recently sold for a total of $1,039,000. The property offers a spacious 2,477 square feet of living space, resulting in a price per square foot of $419. Situated in the market of Winchester, this property presents a valuable investment opportunity.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,039,000
  • Square Footage: 2,477
  • Price Per Square Foot: $419
  • Address: 30-32 Irving Street, Winchester, MA
  • Market: Winchester, MA

Danny Zheng from Keller Williams represented the buyer in this transaction. He played a crucial role in facilitating the deal, ensuring a smooth and successful negotiation process. On the other side, Martha Delaney, an experienced real estate professional from Coldwell Banker, acted as the seller's representative. Together, they worked closely to finalize this property sale.

Note: Danny Zheng from Keller Williams represented the buyer, while Martha Delaney from Coldwell Banker represented the seller in this transaction. Their expertise and guidance greatly contributed to the successful sale of the multifamily property at 30-32 Irving Street in Winchester, MA.

Players

Danny Zheng

Keller Williams Realty

Broker

$27M

vol

19 deals

Broker

Winchester MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $419 per square foot on a published $1M for 2,477 square feet (2023).

Visit Martha Delaney to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.27%

Cash-on-Cash

-4.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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