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7 Atwood Avenue

MultiFamily Property In Norwood, MA Sold For $1.275M With Seller's Rep Greg Martin
SOLDMultiFamily

MultiFamily Property In Norwood, MA Sold For $1.275M With Seller's Rep Greg Martin

7 Atwood Avenue

$1,275,000

$366/SF

Building Size

3,480 SF

Asset Type

MultiFamily

Closing

Jan 27, 2023

AI

A multi-family property located at 7 Atwood Avenue in Norwood, MA has recently been sold for a total price of $1,275,000. The property consists of 3 units, with each unit having a price per unit (PPU) of $425,000. The total square footage of the property is 3,480, resulting in a price per square foot (PPSF) of $366.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $1,275,000
  • Units: 3
  • Price per Unit (PPU): $425,000
  • Square Footage: 3,480
  • Price per Square Foot (PPSF): $366

The seller's representative in this deal was Greg Martin from Move Forward Real Estate.

Players

Greg Martin

Avison Young

Broker

$56.1M

vol

7 deals

Broker

Market 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

12.44%

Cash-on-Cash

-3.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93