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Multifamily Property In Medford, MA Sells For $1.075M With Buyer's Rep Elizabeth Sampson & Seller's Rep Lucia Fosco

Property Image
SOLD
$1,075,000
Lucia Fosco
Elizabeth Sampson

Massachusetts

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Multifamily Property In Medford, MA Sells For $1.075M With Buyer's Rep Elizabeth Sampson & Seller's Rep Lucia Fosco

77 Central Avenue

See Similar Deals
MultiFamily5,812 SF
Sold
Lucia Fosco
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the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$185
Total Square Footage:5812 SF
Transaction Type:Sale

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

Lucia Fosco
Lucia Fosco
1 deal$1.1M volume(617) 640-2418
BROKER
Elizabeth Sampson
Burns Realty & Investments
Elizabeth Sampson
2 deals$2.2M volume(860) 989-8234
BROKER

Details

SOLD
IMAGE: Lucia Fosco & Elizabeth Sampson DATE: 09/08/2023 ADDRESS: 77-79 Central Avenue MARKET: Medford, MA ASSET TYPE: Multifamily BUYER'S REP: Elizabeth Sampson - Burns Realty & Investments (@BurnsRealtyBoston) SELLER'S REP: Lucia Fosco (@LuciaFoscoRealEstateAgent) - W. Henry Estates Llc SALE PRICE: $1,075,000 SF: 2,906 ~ PPSF: $370 NOTE: A multifamily property in Medford, MA, located at 77-79 Central Avenue, was sold for $1,075,000. The property spans 2,906 square feet, with a price per square foot of $370.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,819.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,096.05
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