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826 North Montello Street, ...

Keller Williams Realty Sells Brockton Multifamily For $1.2M
SOLDMultiFamily

Keller Williams Realty Sells Brockton Multifamily For $1.2M

826 North Montello Street, Brockton, MA 02301

$1,201,000

$153/SF

Building Size

7,818 SF

Asset Type

MultiFamily

Closing

Sep 15, 2021

AI

A multifamily property located at 826 N Montello St in Brockton, MA was recently sold for a price of $1,201,000. The property spans 7,818 square feet, resulting in a price per square foot of $154.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,201,000
  • Square Footage: 7,818
  • Price per Square Foot: $154
  • Address: 826 N Montello St, Brockton, MA
  • Market: Brockton, MA

The seller was represented by Charles Lima from Keller Williams Realty, while the buyer was represented by Daniel Kwamo from Property Investors & Advisors, LLC.

Players

Charles Lima

Keller Williams Realty

Broker

$3.8M

vol

2 deals

Broker

Brockton 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

13.21%

Cash-on-Cash

-3.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93