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323 Columbia Street

Marcus & Millichap Brokers $5M Off-Market Sale Of Nine-Unit Multifamily In Cambridge
SOLDMultiFamily

Marcus & Millichap Brokers $5M Off-Market Sale Of Nine-Unit Multifamily In Cambridge

323 Columbia Street & 327 Columbia St Cambr

$5,000,000

Building Size

Asset Type

MultiFamily

Closing

Jul 15, 2025

AI

A nine-unit multifamily building located at 323-327 Columbia Street in Cambridge, MA, was sold in an off-market transaction. The sale was completed for a price of $5,000,000, with a price per unit of $555,556.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,000,000
  • Address: 323-327 Columbia Street
  • Market: Cambridge, MA
  • Units: 9
  • Price Per Unit: $555,556

The transaction was brokered by Tony Pepdjonovic and Evan Griffith from Marcus & Millichap, highlighting the role of these brokers in facilitating the sale of the property.

Players

Evan Griffith

Marcus & Millichap

Broker

$388M

vol

65 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Cambridge 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

3.17%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93