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
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
Winchester 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
15.27%
Cash-on-Cash
-4.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93