Updated Dec 21, 2023
$2.3M Multifamily Sale In Arlington, MA – Steve McKenna & The Home Advantage Team-Gibson Sotheby's Intl Realty
376 Massachusetts Avenue, Arlington, Massachusetts 02474, United States
$2,300,000
$303/SF
Building Size
7,586 SF
Asset Type
MultiFamily
Closing
Aug 15, 2022
About this deal
AI
Located at 376-378 Mass Ave in Arlington, MA, this multifamily property was recently sold in a closed transaction. The property spans a total of 7,586 square feet and was sold for a price of $2,300,000, resulting in a price per square foot of $303. The sale was facilitated by Steve McKenna and The Home Advantage Team from Gibson Sotheby's International Realty.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Address: 376-378 Mass Ave, Arlington, MA
- Market: Arlington, MA
- Brokers: Steve McKenna & The Home Advantage Team - Gibson Sotheby's International Realty
The sale of this multifamily property on Mass Ave was successfully completed through the dedicated efforts of Steve McKenna and The Home Advantage Team from Gibson Sotheby's International Realty. They ensured a smooth transaction process for all parties involved in the deal.
On the Map
$2,300,000
$303/SF
MultiFamily
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Lexington 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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93