Updated Dec 19, 2023
Marcus & Millichap Sells 22-Unit Multifamily Property In Waltham, MA For $6.05M
50 Walnut Street, Waltham, Massachusetts, USA
$6,050,000
$348/SF
Building Size
17,364 SF
Asset Type
MultiFamily
Closing
Nov 19, 2021
About this deal
AI
A multifamily property located at 50-58 Walnut Street in Waltham, MA has been sold for $6,050,000. The property consists of 22 units, with a price per unit (PPU) of $275,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,050,000
- Market: Waltham, MA
- Units: 22
- PPU: $275,000
The sale was facilitated by Evan Griffith, Tony Pepdjonovic, and Jeremy Buckley from Marcus & Millichap.
The multifamily sale at 50 Walnut Street, Waltham, Massachusetts, USA in Waltham, Massachusetts sold for $6.1M in 2021. Reported inventory is 17,364 square feet across 22 units, or about 348 per square foot. Tony Pepdjonovic, Evan Griffith, Jeremy Buckley, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Waltham, Massachusetts file for the 50 Walnut Street, Waltham, Massachusetts, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Waltham sit in the Market section below. Filter that Waltham multifamily set by closing date to see what else sold near 50 Walnut Street, Waltham, Massachusetts, USA around 2021. Published consideration for 50 Walnut Street, Waltham, Massachusetts, USA is $6.1M, dated 2021. Cite this Marcus & Millichap Sells 22-Unit Multifamily Property In Waltham, MA For $6.05M sale when underwriting similar multifamily product around Waltham, Massachusetts.
Players
Waltham 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
2.62%
Cash-on-Cash
-0.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93