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64-66 Winter Street

Stephen Bremis Realty Group Acquires Arlington Multifamily Property For $1.2M
SOLDMultiFamily

Stephen Bremis Realty Group Acquires Arlington Multifamily Property For $1.2M

64-66 Winter Street

$1,200,000

$501/SF

Building Size

2,392 SF

Asset Type

MultiFamily

Closing

Dec 1, 2023

AI

In Arlington, MA, a multifamily property at 64-66 Winter Street was recently sold for $1,200,000. The property has a total square footage of 2,392 and a price per square foot of $502.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Square Footage: 2,392
  • Price Per Square Foot: $502
  • Address: 64-66 Winter Street, Arlington, MA
  • Market: Arlington, MA

Stephen Bremis of Steve Bremis Realty Group represented the buyer, while Giovanna Colabraro of Keller Williams Realty Boston South West acted as the seller's representative in the transaction.

Players

Stephen Bremis

Steve Bremis Realty Group

Broker

$11.4M

vol

8 deals

Broker

Arlington MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93