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680 Winthrop Avenue, Revere...

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

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

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.

Players

Drew Kirkland

NorthEast Private Client Group

Broker

$94.8M

vol

18 deals

Broker

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