Updated Dec 4, 2024
Worcester Multifamily Sells For $1.15M With Buyer's Rep George Leblanc & Seller's Rep Oren Mael
6 Windsor Street
$1,150,000
$255/SF
Building Size
4,500 SF
Asset Type
MultiFamily
Closing
Dec 13, 2023
About this deal
AI
In Worcester, MA, a multifamily property located at 6 Windsor Street has been sold for $1,150,000. The property encompasses 4,500 square feet and was sold at a price per square foot of $256.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 6 Windsor Street, Worcester, MA
- Market: Worcester, MA
- Buyer's Representative: George Leblanc - Cameron Real Estate Group
- Seller's Representative: Oren Mael - Sapphire Real Estate
George Leblanc of Cameron Real Estate Group represented the buyer in the transaction, while Oren Mael of Sapphire Real Estate acted as the seller's representative.
On the Map
$1,150,000
$255/SF
MultiFamily
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Worcester 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93