Schwartz Realty Acquires Multifamily Property In Waltham, MA For $2.05M
659 South Street, Waltham, Massachusetts 02453, United States
$2,050,000
$483/SF
Building Size
4,244 SF
Asset Type
MultiFamily
Closing
Mar 6, 2022
AI
A multifamily property located at 659 South St in Waltham, MA has been sold for a total of $2,050,000. The property consists of 4 units with a total square footage of 4,244. This equates to a price per unit of $512,500 and a price per square foot of $483. The sale was finalized on 03/07/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,050,000
- Address: 659 South St, Waltham, MA
- Units: 4
- Price per Unit: $512,500
- Square Footage: 4,244
- Price per Square Foot: $483
Eileen Schwartz from Schwartz Realty represented the buyer in this transaction, while Christian Doherty from Doherty Properties represented the seller.
Players
Waltham 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
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93