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327 Washington Avenue

Multifamily In Chelsea, MA Sold For $1.23M With Buyer's Rep Amy Carlisle & Seller's Rep Linda Hu
SOLDMultiFamily

Multifamily In Chelsea, MA Sold For $1.23M With Buyer's Rep Amy Carlisle & Seller's Rep Linda Hu

327 Washington Avenue

$1,232,500

$290/SF

Building Size

4,242 SF

Asset Type

MultiFamily

Closing

Nov 6, 2023

AI

The multifamily property at 327 Washington Avenue in Chelsea, MA has been sold for $1,232,500. The property features a total square footage of 4,242 and a price per square foot of $291.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,232,500
  • Address: 327 Washington Avenue, Chelsea, MA
  • Market: Chelsea, MA

Amy Carlisle from Compass represented the buyer in this transaction, while Linda Hu from Rise Realty represented the seller. The transaction was completed on November 6, 2023.

NOTE: The multifamily property at 327 Washington Avenue in Chelsea, MA, has been sold for $1,232,500, with Amy Carlisle from Compass representing the buyer and Linda Hu from Rise Realty representing the seller.

Players

Linda Hu

Rise Realty

Broker

$1.2M

vol

1 deal

Broker

Chelsea MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.87%

Cash-on-Cash

-3.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93