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Danny Zheng Of Keller Williams Represents Buyer In $1.31M Milton Multifamily Sale

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SOLD
$1,310,000

Massachusetts

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MultiFamily
Sold 06/18/2024
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Property Image
SOLD

Danny Zheng Of Keller Williams Represents Buyer In $1.31M Milton Multifamily Sale

338-340 Central Avenue

See Similar Deals
MultiFamily
Sold 06/18/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale

338-340 Central Ave in Milton, MA, sold for $1.31 million, featuring a rare three-family home with six bedrooms and three baths across 3,726 square feet. The vacant property includes spacious units, original details, and a large lot with views of Turner's Pond, offering easy access to nature and Milton’s well-regarded school system.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,310,000
  • Address: 338-340 Central Avenue
  • Market: Milton, MA
  • Units: 3
  • Price Per Unit: $436,667

Danny Zheng from Keller Williamsrepresented the buyer, while Patti Brainard from Compass represented the seller in the transaction.

Players

Danny Zheng
19 deals$27M volume(832) 668-9712
BROKER

Patti Brainard
Compass
4 deals$6.6M volume
BROKER

Details

SOLD
IMAGE: Danny Zheng & Patti Brainard DATE: 06/18/2024 ADDRESS: 338-340 Central Avenue MARKET: Milton, MA ASSET TYPE: Multifamily BUYER'S REP: Danny Zheng - Keller Williams (@KellerWilliamsRealty) SELLER'S REP: Patti Brainard (@TeamPattiBrainard) - Compass (@Compass) SALE PRICE: $1,310,000 UNITS: 3 ~ PPU: $436,667 NOTE: 338-340 Central Ave in Milton, MA, sold for $1.31 million, featuring a rare three-family home with six bedrooms and three baths across 3,726 square feet. The vacant property includes spacious units, original details, and a large lot with views of Turner's Pond, offering easy access to nature and Milton’s well-regarded school system.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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Cash Flow (Annual)-$4,654.16
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