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51 Hall Street

Multifamily Property In Waltham, MA Sold For $3M With Gelineau & Associates R.E. As The Broker
SOLDMultiFamily

Multifamily Property In Waltham, MA Sold For $3M With Gelineau & Associates R.E. As The Broker

51 Hall Street

$3,000,000

$101/SF

Building Size

29,474 SF

Asset Type

MultiFamily

Closing

Sep 15, 2023

AI

A multifamily property located at 51 Hall Street in Waltham, Massachusetts, was sold for $3 million on September 15, 2023. The property spans a total square footage of 29,474 and was listed at a price per square foot of $102.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,000,000
  • Address: 51 Hall Street, Waltham, MA
  • Market: Waltham, MA
  • Broker: Glenna Gelineau of Gelineau & Associates R.E.

Glenna Gelineau of Gelineau & Associates R.E. served as the broker for this transaction.

Players

Glenna Gelineau

Broker

$16.5M

vol

9 deals

Broker

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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93