Multifamily Property In Medford, MA Sells For $1.075M With Buyer's Rep Elizabeth Sampson & Seller's Rep Lucia Fosco
77 Central Avenue & 79 Central Avenue
$1,075,000
$185/SF
Building Size
5,812 SF
Asset Type
MultiFamily
Closing
Sep 8, 2023
AI
A multifamily property located at 77-79 Central Avenue in Medford, MA, has been sold for a price of $1,075,000. The property spans 2,906 square feet, with a price per square foot of $370.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,075,000
- Square Footage: 2,906
- Price per Square Foot: $370
- Address: 77-79 Central Avenue, Medford, MA
- Buyer's Representative: Elizabeth Sampson - Burns Realty & Investments
- Seller's Representative: Lucia Fosco - W. Henry Estates Llc
The transaction of this multifamily property was facilitated by Elizabeth Sampson from Burns Realty & Investments, representing the buyer, and Lucia Fosco from W. Henry Estates Llc, representing the seller.
Players
Medford 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
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93