Simone Schettino Of Century 21 North East Sells Multifamily Property In Somerville, MA To Buyer's Rep Tim Schmidt Of RE/MAX Destiny For $1.4M
SOLD
Massachusetts
See Similar DealsMultiFamily3,045 SF
Sold 10/30/2021
SOLD
Simone Schettino Of Century 21 North East Sells Multifamily Property In Somerville, MA To Buyer's Rep Tim Schmidt Of RE/MAX Destiny For $1.4M
75 Boston Street, Somerville, MA, USA
See Similar DealsMultiFamily3,045 SF
Sold 10/30/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$459
Total Square Footage:3,045 SF
Transaction Type:Sale
75 Boston St, located in Somerville, MA, has been sold in a multifamily transaction. The property spans 3,045 square feet, with a price per square foot of $460. The transaction took place on October 30, 2021, with a sale price of $1,400,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Address: 75 Boston St
- Market: Somerville, MA
- Square Footage: 3,045
- Price per Square Foot: $460
The seller's representative for this transaction was Simone Schettino from Century 21 North East, while the buyer's representative was Tim Schmidt from RE/MAX Destiny.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$74,666.66
Debt Service Coverage Ratio (DSCR)
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Annual Debt Service$79,640.57
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