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Ides Figueiredo & Chris Yang Broker Multifamily Sale In Malden, MA For $1.01M

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SOLD
$1,010,000

Massachusetts

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MultiFamily5,448 SF
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SOLD

Ides Figueiredo & Chris Yang Broker Multifamily Sale In Malden, MA For $1.01M

44 Chester Street & 46 Chester Street

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MultiFamily5,448 SF
Sold
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$185
Total Square Footage:5448 SF
Transaction Type:Sale

A multifamily property at 44-46 Chester Street in Malden, MA, was sold for $1,010,000. The property spans 2,724 square feet, resulting in a price per square foot of $371.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,010,000
  • Address: 44-46 Chester Street
  • Market: Malden, MA
  • Buyer's Rep: Ides Figueiredo - Coldwell Banker
  • Seller's Rep: Chris Yang - Keller Williams Realty Boston South West

Ides Figueiredo of Coldwell Banker represented the buyer in the transaction, while Chris Yang of Keller Williams Realty Boston South West represented the seller, facilitating the successful sale of the multifamily property.

Players

Chris Yang
7 deals$8.1M volume(781) 414-9550
BROKER

Ides Figueiredo
Coldwell Banker
1 deal$1M volume(617) 620-8456
BROKER

Details

SOLD
IMAGE: Chris Yang & Ides Figueiredo DATE: 03/14/2024 ADDRESS: 44-46 Chester Street MARKET: Malden, MA ASSET TYPE: Multifamily BUYER'S REP: Ides Figueiredo - Coldwell Banker (@ColdwellBanker) SELLER'S REP: Chris Yang - Keller Williams Realty Boston South West (@KellerWilliamsBSW) SALE PRICE: $1,010,000 SF: 2,724 ~ PPSF: $371 NOTE: A multifamily property at 44-46 Chester Street in Malden, MA, was sold for $1,010,000. Ides Figueiredo of Coldwell Banker represented the buyer, while Chris Yang of Keller Williams Realty Boston South West represented the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$53,866.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,588.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,787.92
Annual Debt Service$57,454.98