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Ryan Quinn & John Federico Of Grove Property Group Facilitate Sale Of Framingham Multifamily For $7.5M

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SOLD
$7,500,000

Massachusetts

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MultiFamily30,000 SF
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SOLD

Ryan Quinn & John Federico Of Grove Property Group Facilitate Sale Of Framingham Multifamily For $7.5M

301 Grant Street

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MultiFamily30,000 SF
Sold
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$250
Total Square Footage:30000 SF
Transaction Type:Sale

The property asset involved in the transaction is a MultiFamily unit located at 301 Grant Street, Framingham, MA. It consists of 30 units and encompasses a total square footage of 30,000. The sale was completed for a total price of $7,500,000, which translates to a price per unit of $250,000 and a price per square foot of $250.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $7,500,000
  • Units: 30
  • Square Footage: 30,000
  • Price Per Unit: $250,000
  • Price Per Square Foot: $250

This transaction involved brokers Ryan Quinn and John Federico, representing the deal through Grove Property Group. Their expertise contributed to facilitating this sale in the Framingham market.

Players

John Federico
52 deals$174M volume(617) 812-9035
BROKER

Ryan Quinn
Grove Property Group
40 deals$135.8M volume(617) 285-9363
BROKER

Details

SOLD
IMAGE: Ryan Quinn & John Federico DATE: 04/11/2025 ADDRESS: 301 Grant Street MARKET: Framingham, MA ASSET TYPE: MultiFamily BROKERS: Ryan Quinn (@_RyanQuinn) & John Federico (@GPGBoston) - Grove Property Group SALE PRICE: $7,500,000 UNITS: 30 ~ PPU: $250,000 SF: 30,000 ~ PPSF: $250

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$400,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$26,645.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$35,553.83
Annual Debt Service$426,645.92