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43 Elm Street

Updated Dec 4, 2024

Multifamily Property In Revere, MA Sold For $1.005M With Buyer's Rep Jean-Carell Desert & Seller's Rep Jacek Rosa
SOLDMultiFamily

Multifamily Property In Revere, MA Sold For $1.005M With Buyer's Rep Jean-Carell Desert & Seller's Rep Jacek Rosa

43 Elm Street & 45 Elm Street

$1,005,000

$141/SF

Building Size

3,550 SF

Asset Type

MultiFamily

Closing

Oct 10, 2023

About this deal

AI

A multifamily property located at 43-45 Elm Street in Revere, MA was recently sold for $1,005,000. The property spans approximately 3,550 square feet, resulting in a price per square foot of $283.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,005,000
  • Address: 43-45 Elm Street, Revere, MA
  • Market: Revere, MA

The buyer in this transaction was represented by Jean-Carell Desert of Keller Williams Elite, while the seller was represented by Jacek Rosa of Prime Realty Advisors.

This sale exemplifies the successful collaboration between real estate professionals Jean-Carell Desert and Jacek Rosa. Their expertise and negotiation skills facilitated the smooth completion of the transaction, enabling the buyer to acquire the multifamily property at 43-45 Elm Street in Revere, MA.

Players

Jacek Rosa

Prime Realty

Broker

$1M

vol

1 deal

Broker

Revere MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $141 per square foot on a published $1M for 7,100 square feet (2023).

Visit Prime Realty to view all their deals.

Browse Revere multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.78%

Cash-on-Cash

-4.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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