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72 School Street

Lior Rozhansky & Anthony Verdone Facilitate $1.04M Sale Of  Revere Multifamily Asset
SOLDMultiFamily

Lior Rozhansky & Anthony Verdone Facilitate $1.04M Sale Of Revere Multifamily Asset

72 School Street

$1,040,000

$326/SF

Building Size

3,183 SF

Asset Type

MultiFamily

Closing

Apr 24, 2024

AI

The three-family home at 72 School St in Revere, MA, sold for $1,040,000. The property offers 7 beds, 3 baths, and 3,183 sq ft of living space. It includes off-street parking, a fenced backyard with a garage, and provides convenient access to shops, Logan Airport, and downtown Boston.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,040,000
  • Units: 3
  • Price Per Unit: $346,667
  • Square Footage: 3,183
  • Price Per Square Foot: $327
  • Address: 72 School Street
  • Market: Revere, MA

Lior Rozhansky from Keller Williams represented the buyer in the transaction, while Anthony Verdone from Century 21 represented the seller. Both agents played vital roles in facilitating the sale of this multifamily property, ensuring a successful and seamless transaction for all parties involved.

Players

Lior Rozhansky

Keller Williams Realty

Broker

$6M

vol

5 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

15.25%

Cash-on-Cash

-4.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93