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71-73 Warren Avenue

Elaine Leonard & Dory Noll Facilitate $1.25M Sale Of Milton Multifamily
SOLDMultiFamily

Elaine Leonard & Dory Noll Facilitate $1.25M Sale Of Milton Multifamily

71-73 Warren Avenue

$1,250,000

$358/SF

Building Size

3,492 SF

Asset Type

MultiFamily

Closing

Apr 25, 2024

AI

A two-family home located at 71-73 Warren Avenue in Milton, MA, was sold for $1,250,000. The property consists of 7 beds, 3 baths, spans 3,492 square feet, and was sold at a price of $358 per square foot. The transaction was facilitated by Elaine Leonard of Northland Residential Corp representing the buyer and Dory Noll of Coldwell Banker Realty representing the seller.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,250,000
  • Units: 2
  • Price Per Unit: $625,000
  • Square Footage: 3,492
  • Price Per Square Foot: $358
  • Address: 71-73 Warren Avenue, Milton, MA
  • Market: Milton, MA

Elaine Leonard, from Northland Residential Corp, represented the buyer in this transaction. On the other hand, Dory Noll of Coldwell Banker Realty represented the seller of the two-family home in Milton. The property boasts modern amenities, including central AC and in-unit laundry, adding value to the sale.

Players

Dory Noll

Coldwell Banker

Broker

$1.3M

vol

1 deal

Broker

Milton 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

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93