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.
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