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347-355 Main Street, Dougla...

Kristen Andreozzi Acquires Multifamily Asset At 347-355 Main Street In Douglas For $2.5M
SOLDMultiFamily

Kristen Andreozzi Acquires Multifamily Asset At 347-355 Main Street In Douglas For $2.5M

347-355 Main Street, Douglas, Ma, 01516

$2,500,000

$211/SF

Building Size

11,801 SF

Asset Type

MultiFamily

Closing

Jan 30, 2026

AI

The property asset involved in this transaction is a multifamily building located at 347-355 Main Street, Douglas, MA. The sale price is set at $2,500,000, encompassing 16 units within a total square footage of 11,801, which translates to a price per unit of $156,250 and a price per square foot of $211.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,500,000
  • Units: 16
  • Square Footage: 11,801
  • Price Per Unit: $156,250
  • Price Per Square Foot: $211
  • Buyer: Kristen Andreozzi
  • Seller: Dan Botwinik
  • Brokers: Dennis Kelleher, John Pentore & Ethan Lazar - Horvath & Tremblay

This deal involved key individuals, with Kristen Andreozzi as the buyer, and Dan Botwinik as the seller. The brokerage team representing the deal consists of Dennis Kelleher, John Pentore, and Ethan Lazar from Horvath & Tremblay.

Players

Dennis Kelleher

Horvath & Tremblay

Broker

$561.5M

vol

96 deals

Broker

Kristen Andreozzi

Buyer

$2.5M

vol

1 deal

Buyer
Dan Botwinik

Dan Botwinik

Seller

$12.1M

vol

3 deals

Seller

Douglas 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

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93