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Broad Sound Real Estate Sells 6-Unit Multifamily In Winthrop, MA For $1.73M

Property Image
SOLD
$1,730,000

Massachusetts

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MultiFamily5,553 SF
Sold 03/30/2022
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Property Image
SOLD

Broad Sound Real Estate Sells 6-Unit Multifamily In Winthrop, MA For $1.73M

566 Shirley Street, Winthrop, Massachusetts 02152, United States

See Similar Deals
MultiFamily5,553 SF
Sold 03/30/2022
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$311
Total Square Footage:5,553 SF
Transaction Type:Sale

A multifamily property located at 566 Shirley St in Winthrop, MA was recently sold. The sale took place on 03/30/2022, and the transaction was facilitated by broker Nicholas Daher from Broad Sound Real Estate. The property consists of 6 units with a total square footage of 5,553. The sale price for the property was $1,730,000, resulting in a price per unit of $288,333 and a price per square foot of $312.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $1,730,000
  • Units: 6
  • Price per Unit: $288,333
  • Square Footage: 5,553
  • Price per Square Foot: $312
  • Address: 566 Shirley St, Winthrop, MA
  • Market: Winthrop, MA

Nicholas Daher from Broad Sound Real Estate represented the parties involved in the transaction.

Players

Nicholas Daher
13 deals$41.6M volume
BROKER

Details

SOLD
IMAGE: Nicholas Daher DATE: 03/30/2022 ADDRESS: 566 Shirley St MARKET: Winthrop, MA ASSET TYPE: Multifamily BROKER: Nicholas Daher (@Nick_Daher_) - Broad Sound Real Estate (@BroadSoundRealEstate) SALE PRICE: $1,730,000 UNITS: 6 ~ PPU: $288,333 SF: 5,553 ~ PPSF: $312

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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Cash Flow (Annual)-$6,146.32
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