Houri Artinian Sells Watertown Multifamily For $1.115M With Broker Anthony Coppola
78 Dexter Avenue
$1,115,000
$348/SF
Building Size
3,200 SF
Asset Type
MultiFamily
Closing
Dec 12, 2023
AI
A multifamily property located at 78 Dexter Avenue in Watertown, MA has been sold in a recent transaction. The property consists of 3 units and spans across 3,200 square feet. The sale price for this transaction was $1,115,000, making the price per unit $371,667. With a price per square foot of $348, this property offers a solid investment opportunity.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,115,000
- Address: 78 Dexter Avenue, Watertown, MA
- Market: Watertown, MA
- Units: 3
- Price per Unit: $371,667
- Square Footage: 3,200
- Price per Square Foot: $348
The seller of the property was Houri Artinian. Representing the seller in this transaction was broker Anthony Coppola from Coldwell Banker. Anthony Coppola played an instrumental role in facilitating this deal and ensuring a successful outcome for both parties involved.
Watertown 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
14.23%
Cash-on-Cash
-4.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93