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79 Hudson Street

Multifamily Property In Somerville, MA Sold For $1.4M With Buyer's Rep Nicholas Pagliarulo & Seller's Rep Grace Bloodwell
SOLDMultiFamily

Multifamily Property In Somerville, MA Sold For $1.4M With Buyer's Rep Nicholas Pagliarulo & Seller's Rep Grace Bloodwell

79 Hudson Street

$1,400,000

$429/SF

Building Size

3,261 SF

Asset Type

MultiFamily

Closing

Oct 3, 2023

AI

A multifamily property located at 79 Hudson Street in Somerville, MA, was sold for a sale price of $1,400,000. The property spans 3,261 square feet and has a price per square foot of $429.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,400,000
  • Address: 79 Hudson Street, Somerville, MA
  • Market: Somerville, MA

The buyer's representative in the deal was Nicholas Pagliarulo from Cityscapes International Realty. On the other hand, Grace Bloodwell from Coldwell Banker Realty in Charlestown represented the seller in the transaction.

Players

Grace Bloodwell

Coldwell Banker

Broker

$1.4M

vol

1 deal

Broker

Boston 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

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93