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Northeast Private Client Group Brokers Sell Revere, MA Multifamily For $1.92M

Property Image
SOLD
$1,920,000

Massachusetts

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MultiFamily3,534 SF
Sold 05/27/2022
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Property Image
SOLD

Northeast Private Client Group Brokers Sell Revere, MA Multifamily For $1.92M

680 Winthrop Avenue, Revere, Massachusetts 02151, United States

See Similar Deals
MultiFamily3,534 SF
Sold 05/27/2022
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$543
Total Square Footage:3,534 SF
Transaction Type:Sale

The multifamily property located at 680 Winthrop Ave in Revere, MA has been sold for a price of $1,920,000. The transaction took place on May 27, 2022. The property consists of 6 units, with each unit priced at $320,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,920,000
  • Units: 6
  • Price per Unit: $320,000

The sale of this property was facilitated by Francis Saenz & Drew Kirkland from the Northeast Private Client Group.

Players

Drew Kirkland
18 deals$94.8M volume(857) 990-6802
BROKER

Francis Saenz
NorthEast Private Client Group
15 deals$72.7M volume(857) 990-6803
BROKER

Details

SOLD
IMAGE: Francis Saenz & Drew Kirkland DATE: 05/27/2022 ADDRESS: 680 Winthrop Ave MARKET: Revere, MA ASSET TYPE: Multifamily BROKERS: Francis Saenz & Drew Kirkland - Northeast Private Client Group SALE PRICE: $1,920,000 UNITS: 6 ~ PPU: $320,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,821.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,101.78
Annual Debt Service$109,221.35