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36 Sears Street, Revere, Ma...

Updated Dec 19, 2023

Century 21 North East Brokers $1.16M Multifamily Sale In Revere, MA
SOLDMultiFamily

Century 21 North East Brokers $1.16M Multifamily Sale In Revere, MA

36 Sears Street, Revere, Massachusetts, USA

$1,160,000

$211/SF

Building Size

5,485 SF

Asset Type

MultiFamily

Closing

Apr 14, 2021

About this deal

AI

A multifamily property located at 36 Sears Street in Revere, MA, has been sold for $1,160,000. The property spans 5,485 square feet, resulting in a price per square foot of $211. The sale transaction took place on April 15, 2021. The property was listed by Phil Consolo of Century 21 North East.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,160,000
  • Square Footage: 5,485
  • Price per Square Foot: $211
  • Date: April 15, 2021
  • Address: 36 Sears Street, Revere, MA
  • Broker: Phil Consolo - Century 21 North East

Phil Consolo, representing Century 21 North East, played a vital role in facilitating this transaction.

Players

Philip Consolo

Century 21

Broker

$1.2M

vol

1 deal

Broker

Revere MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $211 per square foot on a published $1.2M for 5,485 square feet (2021).

Visit Century 21 to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.68%

Cash-on-Cash

-3.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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