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
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