facebook
Traded Co logo
Submit

Houri Artinian Sells Watertown Multifamily For $1.115M With Broker Anthony Coppola

Property Image
SOLD
$1,115,000

Massachusetts

See Similar Deals
MultiFamily3,200 SF
Sold 12/12/2023
the dealplayerscompscontact
Property Image
SOLD

Houri Artinian Sells Watertown Multifamily For $1.115M With Broker Anthony Coppola

78 Dexter Avenue

See Similar Deals
MultiFamily3,200 SF
Sold 12/12/2023
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$348
Total Square Footage:3,200 SF
Transaction Type:Sale

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.

Players

Anthony Coppola
20 deals$28.4M volume
BROKER

Details

SOLD
IMAGE: Anthony Coppola DATE: 12/12/2023 ADDRESS: 78 Dexter Avenue MARKET: Watertown, MA ASSET TYPE: Multifamily SELLER: Houri Artinian BROKER: Anthony Coppola (@AeCoppola10) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,115,000 UNITS: 3 ~ PPU: $371,667 SF: 3,200 ~ PPSF: $348

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$59,466.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,961.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,285.67
Annual Debt Service$63,428.03