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77-79 Linden Avenue, Malden...

Boston Trust Realty Group Acquires Multifamily Property On Linden Avenue For $725K
SOLDMultiFamily

Boston Trust Realty Group Acquires Multifamily Property On Linden Avenue For $725K

77-79 Linden Avenue, Malden, Massachusetts, USA

$725,000

$210/SF

Building Size

3,440 SF

Asset Type

MultiFamily

Closing

Feb 25, 2021

AI

Located at 77-79 Linden Avenue in Malden, MA, this multifamily property was recently sold in a closed transaction. The property spans a total of 3,440 square feet, and the sale price was $725,000. The price per square foot for this transaction was $211.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $725,000
  • Square Footage: 3,440
  • Price Per Square Foot: $211
  • Address: 77-79 Linden Avenue, Malden, MA
  • Market: Malden, MA

The deal was facilitated by Daniel Jeannite from Multifamily Investment Group, a representative of Boston Trust Realty Group. Their expertise in the multifamily sector helped bring this transaction to fruition.

Players

Daniel Jeannite

Boston Trust Realty Group

Broker

$13.5M

vol

13 deals

Broker

Malden 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

21.88%

Cash-on-Cash

-6.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93