facebook
Traded Co logo
Submit
Daily limit: 0/10

Maureen Mulrooney Of Re/Max Represents Buyer In $1.345M Arlington Multifamily Sale

Property Image
SOLD
$1,345,000

Massachusetts

See Similar Deals
MultiFamily3,106 SF
Sold 07/26/2024
the dealplayerscompscontact
Property Image
SOLD

Maureen Mulrooney Of Re/Max Represents Buyer In $1.345M Arlington Multifamily Sale

36-38 Bowdoin Street

See Similar Deals
MultiFamily3,106 SF
Sold 07/26/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$433
Total Square Footage:3,106 SF
Transaction Type:Sale

36-38 Bowdoin Street, Arlington, MA, is a two-family property located in East Arlington. This multifamily asset has a sale price of $1,345,000, comprises 3,106 square feet, and features a price per unit of $672,500 and a price per square foot of $433. The property is close to public transit and local amenities with the first unit offering 2 beds and 1 bath, while the second unit provides 3 beds and 1 bath. Both units include modern updates, air conditioning, and in-unit laundry facilities.

Summary of transaction details:

Maureen Mulrooney represented the buyer in this transaction, while the seller was represented by Sammy Chen. Both agents are affiliated with their respective real estate agencies, facilitating the sale of this multifamily property in Arlington.

Players

Sammy  Chen
7 deals$8.9M volume
BROKER

Maureen Mulrooney
Re/Max
1 deal$1.3M volume
BROKER

Details

SOLD
IMAGE: Maureen Mulrooney & Sammy Chen DATE: 07/26/2024 ADDRESS: 36-38 Bowdoin Street MARKET: Arlington, MA ASSET TYPE: Multifamily BUYER'S REP: Maureen Mulrooney - Re/Max (@Remax) SELLER'S REP: Sammy Chen - Denkar Realty Group SALE PRICE: $1,345,000 UNITS: 2 ~ PPU: $672,500 SF: 3,106 ~ PPSF: $433 NOTE: 36-38 Bowdoin St, Arlington, MA, sold for $1.345M, is a two-family property in East Arlington, close to public transit and local amenities. The first unit has 2 beds, 1 bath, and the second unit has 3 beds, 1 bath, with both units featuring modern updates, A/C, and in-unit laundry.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$71,733.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,778.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,375.99
Annual Debt Service$76,511.83