Updated Dec 4, 2024
Lamacchia Realty Acquires Arlington Multifamily Property For $1.32M
56-58 Amsden Street
$1,320,000
$419/SF
Building Size
3,146 SF
Asset Type
MultiFamily
Closing
Sep 21, 2023
About this deal
AI
A multifamily property located at 56-58 Amsden Street in Arlington, MA has been sold for a total price of $1,320,000. The property spans across 3,146 square feet, resulting in a price per square foot of $420.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,320,000
- Property Address: 56-58 Amsden Street, Arlington, MA
- Market: Arlington, MA
Robert Bissonnette from Lamacchia Realty represented the buyer in this transaction, while Scott Kleekamp acted as the seller's representative.
The multifamily sale at 56-58 Amsden Street in Arlington, Massachusetts sold for $1.3M in 2023. The building is 3,146 square feet, implying about 419 per square foot on the published price. Scott Kleekamp, Robert Bissonnette, Lamacchia Realty appear on the sale alongside Lamacchia Realty. This page is the Arlington, Massachusetts file for the 56-58 Amsden Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Arlington sit in the Market section below. Filter that Arlington multifamily set by closing date to see what else sold near 56-58 Amsden Street around 2023. Published consideration for 56-58 Amsden Street is $1.3M, dated 2023. Cite this Lamacchia Realty Acquires Arlington Multifamily Property For $1.32M sale when underwriting similar multifamily product around Arlington, Massachusetts.
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Arlington 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
12.02%
Cash-on-Cash
-3.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93