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Lillian Montalto Signature Properties Acquires Multifamily Property In Andover, MA For $1.1M

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SOLD
$1,100,000

Massachusetts

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MultiFamily4,731 SF
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SOLD

Lillian Montalto Signature Properties Acquires Multifamily Property In Andover, MA For $1.1M

45-47 Elm Street, Andover, Massachusetts, USA

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MultiFamily4,731 SF
Sold
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$232
Total Square Footage:4731 SF
Transaction Type:Sale

An multifamily property located at 45-47 Elm Street in Andover, MA has been sold for $1,100,000. The property spans a total square footage of 4,731, resulting in a price per square foot of $233. This transaction took place on April 14, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,100,000
  • Address: 45-47 Elm Street, Andover, MA
  • Market: Andover, MA

Sherri DiBarri, representing Hancock Realty Group LLC, acted as the seller's representative in this deal. Meanwhile, Team Lillian Montalto, from Lillian Montalto Signature Properties, represented the buyer.

Players

4 deals$9.5M volume
BROKER

Lillian Montalto
4 deals$8.8M volume
BROKER

Details

SOLD
IMAGE: Lillian Montalto DATE: 04/14/2021 ADDRESS: 45-47 Elm Street MARKET: Andover, MA ASSET TYPE: Multifamily SELLER'S REP: Sherri DiBarri - Hancock Realty Group LLC BUYER'S REP: Team Lillian Montalto - Lillian Montalto Signature Properties SALE PRICE: $1,100,000 SF: 4,731 ~ PPSF: $233

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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