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58 Laighton Street

Updated Oct 9, 2026

David Galvez Acquires MultiFamily Property At 48-50 Laighton Street & 56 Orchard Street For $2,040,000 With Andrew Perkins As Seller
SOLDMultiFamily

David Galvez Acquires MultiFamily Property At 48-50 Laighton Street & 56 Orchard Street For $2,040,000 With Andrew Perkins As Seller

58 Laighton Street & 56 Orchard Street

$2,040,000

$196/SF

Building Size

5,181 SF

Asset Type

MultiFamily

Closing

Oct 7, 2026

About this deal

AI

The transaction involves a multi-family asset located at 48-50 Laighton Street and 56 Orchard Street in Lynn, MA. The sale price for the property was $2,040,000, and it consists of 6 units. The total square footage of the asset is 6,911, resulting in a price per unit of $340,000 and a price per square foot of $295.

Summary of transaction details:

The individuals involved in this transaction include David Galvez, who acquired the property, and Andrew Perkins, the seller. The brokerage services were provided by Dan Pouladian and Sara Pouladian from Northshore Realty Advisors, alongside Gene Clements from Clements Realty Group.

On the Map

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$2,040,000

$196/SF

MultiFamily

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Players

Dan Pouladian

Northshore Realty Advisors

Broker

$320.2M

vol

74 deals

Broker

David Galvez

Buyer

$2M

vol

1 deal

Buyer

Andrew Perkins

Seller

$67.4M

vol

8 deals

Seller

Lynn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $196 per square foot on a published $2M for 10,362 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.78%

Cash-on-Cash

-2.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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