Multifamily In Worcester, MA Sells For $405K With Sohrab Khan - Multifamily Investment Group - Boston Trust Realty Group
33 Jefferson Street, Worcester, Massachusetts, USA
$405,000
$94/SF
Building Size
4,291 SF
Asset Type
MultiFamily
Closing
Feb 25, 2021
AI
A multifamily property located at 33 Jefferson Street in Worcester, MA has been sold for a price of $405,000. The property has a total square footage of 4,291, resulting in a price per square foot of $94.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $405,000
- Address: 33 Jefferson Street, Worcester, MA
- Market: Worcester, MA
- Broker: Sohrab Khan - Multifamily Investment Group - Boston Trust Realty Group
- Square Footage: 4,291
- Price per Square Foot: $94
Sohrab Khan from Multifamily Investment Group at Boston Trust Realty Group represented the buyer and seller in this transaction.
Worcester 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
39.17%
Cash-on-Cash
-11.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93