Updated Aug 24, 2026
Davide Visco Purchases Multifamily Asset At 40 Ames Avenue Canton For $6.7M From Peter Genta
40 Ames Avenue
$6,700,000
$285/SF
Building Size
23,496 SF
Asset Type
MultiFamily
Closing
Aug 19, 2026
About this deal
AI
The property asset involved in this transaction is a MultiFamily unit located at 40 Ames Avenue in Canton, MA. The sale price of the property was $6,700,000, which encompasses a total of 18 units. The building spans 23,496 square feet, resulting in a price per unit of $372,222 and a price per square foot of $285.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $6,700,000
- Units: 18
- Square Footage: 23,496
- Price per Unit: $372,222
- Price per Square Foot: $285
- Buyer: Davide Visco
- Seller: Peter Genta
- Brokers: Jim Casey, Francis Saenz & Drew Kirkland - NorthEast Private Client Group
- Date of Transaction: 08/19/2026
The key individuals involved in the transaction include the buyer, Davide Visco, and the seller, Peter Genta. The deal was brokered by Jim Casey, Francis Saenz, and Drew Kirkland, all representing NorthEast Private Client Group, who facilitated the negotiation and closing of this MultiFamily property sale.
Players
Canton 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
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93