Daily limit: 0/10
Multifamily Property In Somerville, MA Sold For $1.05M With Buyer's Rep Mary Liu & Seller's Rep Roberta A. Toner
SOLD
$1,050,000
Massachusetts
See Similar DealsMultiFamily5,712 SF
Sold 10/25/2023
SOLD
Multifamily Property In Somerville, MA Sold For $1.05M With Buyer's Rep Mary Liu & Seller's Rep Roberta A. Toner
69 Albion Street & 71 Albion Street
See Similar DealsMultiFamily5,712 SF
Sold 10/25/2023
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$183
Total Square Footage:5,712 SF
Transaction Type:Sale
A multifamily property at 69-71 Albion Street in Somerville, MA, has been successfully sold for $1,050,000. The property consists of 2,856 square feet and has a price per square foot of $368.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 69-71 Albion Street
- Market: Somerville, MA
- Buyer's Rep: Mary Liu - Success! Real Estate
- Seller's Rep: Roberta A. Toner - The Nightingale Group
The buyer, represented by Mary Liu from Success! Real Estate, acquired the property from the seller, represented by Roberta A. Toner from The Nightingale Group.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43
Is there something missing? Send suggestions