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55-57 Presley Street

Tenzin Tsarong Of Coldwell Banker Acquires Malden Multifamily Property As Buyer's Rep For $1.03M
SOLDMultiFamily

Tenzin Tsarong Of Coldwell Banker Acquires Malden Multifamily Property As Buyer's Rep For $1.03M

55-57 Presley Street

$1,030,000

$333/SF

Building Size

3,093 SF

Asset Type

MultiFamily

Closing

Jan 31, 2024

AI

A multifamily property located at 55-57 Presley Street in Malden, MA, was sold for $1,030,000. The property spans 3,093 square feet, resulting in a price per square foot of $333.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,030,000
  • Address: 55-57 Presley Street
  • Market: Malden, MA

Tenzin Tsarong of Coldwell Banker in Newton represented the buyer, while Danny Zheng of Keller Williams represented the seller in the transaction.

Players

Danny Zheng

Keller Williams Realty

Broker

$27M

vol

19 deals

Broker

Malden MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.40%

Cash-on-Cash

-4.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93