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Lior Rozhansky Of Keller Williams Realty Represents Buyer In Arlington Multifamily Sale For $1.25M

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SOLD
$1,250,000

Massachusetts

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MultiFamily2,592 SF
Sold 10/18/2024
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Property Image
SOLD

Lior Rozhansky Of Keller Williams Realty Represents Buyer In Arlington Multifamily Sale For $1.25M

55-57 Broadway

See Similar Deals
MultiFamily2,592 SF
Sold 10/18/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$482
Total Square Footage:2,592 SF
Transaction Type:Sale

A three-family property located at 55-57 Broadway in Arlington, MA has been sold for $1,250,000. The multifamily asset comprises a total of 2,592 square feet and contains 3 units. It features 5 bedrooms and 4 bathrooms. The property is situated on a corner lot and includes 6 parking spaces, enhancing its appeal for potential tenants. The location in East Arlington offers convenient access to public transit, shops, and major routes.

Summary of transaction details:

This transaction involved Lior Rozhansky from Keller Williams Realty representing the buyer, while the seller was represented by Robin Repucci from Compass. The deal highlights the expertise of both agents in facilitating the multifamily real estate transaction.

Players

Robin Repucci
4 deals$6.1M volume
BROKER

Lior Rozhansky
Keller Williams Realty
5 deals$6M volume(617) 678-9905
BROKER

Details

SOLD
IMAGE: Lior Rozhansky & Robin Repucci DATE: 10/18/2024 ADDRESS: 55-57 Broadway MARKET: Arlington, MA ASSET TYPE: Multifamily BUYER'S REP: Lior Rozhansky (@Lior_Rozhansky_RE) - Keller Williams Realty (@KellerWilliamsRealty) SELLER'S REP: Robin Repucci (@RobinRepucci) - Compass (@Compass) SALE PRICE: $1,250,000 UNITS: 3 ~ PPU: $416,667 SF: 2,592 ~ PPSF: $482 NOTE: A three-family property at 55-57 Broadway, Arlington, MA, listed for $1.25M, offers 5 beds, 4 baths, and includes a corner lot with 6 parking spaces. Located in East Arlington, it features updated units with rental income and easy access to public transit, shops, and major routes, making it ideal for investors or owner-occupants.

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

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,440.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,925.64
Annual Debt Service$71,107.65