facebook
Traded Co logo
Submit
Daily limit: 0/10

Ella Goren Of Sunrise Realty & Investment Represents Buyer In $1.6M Winthrop Multifamily Sale

Property Image
SOLD
$1,600,000

Massachusetts

See Similar Deals
MultiFamily13,878 SF
Sold 07/02/2024
the dealplayerscompscontact
Property Image
SOLD

Ella Goren Of Sunrise Realty & Investment Represents Buyer In $1.6M Winthrop Multifamily Sale

59 Coral Avenue, 61 Coral Avenue & 63 Coral Avenue

See Similar Deals
MultiFamily13,878 SF
Sold 07/02/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$115
Total Square Footage:13,878 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 59-61-63 Coral Avenue, Winthrop, MA. The legal 4-unit building sold for $1,600,000, with a price per unit of $400,000. The total square footage of the property is 4,626, resulting in a price per square foot of $346.

Summary of transaction details:

The deal highlights the involvement of Ella Goren representing the buyer through Sunrise Realty & Investment, while Erica Gore facilitated the sale for the seller in association with Century 21. This transaction reflects the collaboration of experienced professionals in the real estate market.

Players

Erica Gore
1 deal$1.6M volume(617) 699-0227
BROKER

Ella Goren
 Sunrise Realty & Investment
3 deals$4.8M volume(857) 380-5367
BROKER

Details

SOLD
IMAGE: Ella Goren & Erica Gore DATE: 07/02/2024 ADDRESS: 59-61-63 Coral Avenue MARKET: Winthrop, MA ASSET TYPE: Multifamily BUYER'S REP: Ella Goren (@Ella.Goren) - Sunrise Realty & Investment SELLER'S REP: Erica Gore (@_EricaGore_) - Century 21 (@Century21) SALE PRICE: $1,600,000 UNITS: 4 ~ PPU: $400,000 SF: 4,626 ~ PPSF: $346 NOTE: 59-61-63 Coral Ave in Winthrop, MA sold for $1,600,000. This oceanfront property features a legal 4-unit building with stunning views, including an owner's unit with spacious bedrooms, granite countertops, stainless appliances, and hardwood floors. &Investment

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$85,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80