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433-435 Lebanon Street

Updated Dec 4, 2024

Maria Silveira & Pierre E Jean Louis Facilitate $1.055M Multifamily Sale In Malden
SOLDMultiFamily

Maria Silveira & Pierre E Jean Louis Facilitate $1.055M Multifamily Sale In Malden

433-435 Lebanon Street

$1,055,000

$343/SF

Building Size

3,070 SF

Asset Type

MultiFamily

Closing

May 10, 2024

About this deal

AI

433-435 Lebanon Street in Malden, MA, is a multifamily property that was recently sold for $1,055,000. The property spans 3,070 square feet and has a price per square foot of $344. The asset features new vinyl siding, windows, roofing, porches, electrical and plumbing systems, as well as modern amenities like central A/C and washer hookups.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,055,000
  • Address: 433-435 Lebanon Street
  • Market: Malden, MA

The sale was facilitated by Pierre E Jean Louis from Premium Realty & Insurance Services, representing the buyer, and Maria Silveira from Century 21 North East, acting as the seller's representative in the transaction.

Players

Maria Silveira

Century 21

Broker

$2.2M

vol

2 deals

Broker

Malden MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $343 per square foot on a published $1.1M for 3,070 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.04%

Cash-on-Cash

-4.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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