Updated Dec 18, 2023
Northeast Private Client Group Brokers Sell Revere, MA Multifamily For $1.92M
680 Winthrop Avenue, Revere, Massachusetts 02151, United States
$1,920,000
$543/SF
Building Size
3,534 SF
Asset Type
MultiFamily
Closing
May 26, 2022
About this deal
AI
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.
The multifamily sale at 680 Winthrop Avenue, Revere, Massachusetts 02151, United States in Revere, Massachusetts sold for $1.9M in 2022. Reported inventory is 3,534 square feet across 6 units, or about 543 per square foot. Francis Saenz, Drew Kirkland, NorthEast Private Client Group appear on the sale alongside NorthEast Private Client Group. This page is the Revere, Massachusetts file for the 680 Winthrop Avenue, Revere, Massachusetts 02151, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Revere sit in the Market section below. Filter that Revere multifamily set by closing date to see what else sold near 680 Winthrop Avenue, Revere, Massachusetts 02151, United States around 2022. Published consideration for 680 Winthrop Avenue, Revere, Massachusetts 02151, United States is $1.9M, dated 2022. Cite this Northeast Private Client Group Brokers Sell Revere, MA Multifamily For $1.92M sale when underwriting similar multifamily product around Revere, Massachusetts.
Players
Revere 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
8.26%
Cash-on-Cash
-2.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93