facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

39 Grand St, Worcester, Mas...

Cedar Wood Realty Group Brokers $2.66M Multifamily Sale In Worcester, MA
SOLDMultiFamily

Cedar Wood Realty Group Brokers $2.66M Multifamily Sale In Worcester, MA

39 Grand St, Worcester, Massachusetts 01610, United States

$2,660,000

$211/SF

Building Size

12,576 SF

Asset Type

MultiFamily

Closing

Mar 9, 2022

AI

A multifamily property located at 39-43 Grand St in Worcester, MA has been sold for $2,660,000. The property spans a total of 12,576 square feet, resulting in a price per square foot of $212. The sale was facilitated by Christine Najem of Cedar Wood Realty Group.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,660,000
  • Address: 39-43 Grand St, Worcester, MA
  • Market: Worcester, MA
  • BROKER: Christine Najem - Cedar Wood Realty Group
  • SF: 12,576
  • PPSF: $212

Christine Najem from Cedar Wood Realty Group played a pivotal role in ensuring the successful completion of this transaction.

Players

Christine Najem

Cedar Wood Realty Group

Broker

$3.6M

vol

2 deals

Broker

Worcester MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.96%

Cash-on-Cash

-1.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93