facebook
Traded Co logo
Submit
Daily limit: 0/10

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

Property Image
SOLD
$1,039,000

Massachusetts

See Similar Deals
MultiFamily2,477 SF
Sold 12/22/2023
the dealplayerscompscontact
Property Image
SOLD

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

30-32 Irving Street

See Similar Deals
MultiFamily2,477 SF
Sold 12/22/2023
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$419
Total Square Footage:2,477 SF
Transaction Type:Sale

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
19 deals$27M volume(832) 668-9712
BROKER

Martha Delaney
Coldwell Banker
3 deals$3.6M volume
BROKER

Details

SOLD
IMAGE: Danny Zheng & Martha Delaney DATE: 12/22/2023 ADDRESS: 30-32 Irving Street MARKET: Winchester, MA ASSET TYPE: Multifamily BUYER'S REP: Danny Zheng - Keller Williams (@KellerWilliamsRealty) SELLER'S REP: Martha Delaney - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,039,000 SF: 2,477 ~ PPSF: $419 NOTE: In Winchester, the multifamily property at 30-32 Irving Street changed hands in a deal facilitated by Danny Zheng from Keller Williams as the buyer's representative and Martha Delaney from Coldwell Banker as the seller's representative. Delaney

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)

$55,413.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,691.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,925.39
Annual Debt Service$59,104.68