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83 Norwood Street, Everett,...

Premier Property Solutions Acquires Multifamily Property In Everett, MA For $1.2M
SOLDMultiFamily

Premier Property Solutions Acquires Multifamily Property In Everett, MA For $1.2M

83 Norwood Street, Everett, Massachusetts 02149, United States

$1,200,000

$315/SF

Building Size

3,804 SF

Asset Type

MultiFamily

Closing

Apr 28, 2022

AI

The multifamily property located at 83-85 Norwood in Everett, MA was recently sold. The sale took place on 04/29/2022. The property was sold for a total price of $1,200,000. It has a total square footage of 3,804, resulting in a price per square foot of $315.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 83-85 Norwood, Everett, MA
  • Market: Everett, MA
  • Buyer's Representative: Mark Giuliano - Premier Property Solutions, Llc
  • Seller's Representative: Annemarie Torcivia - Trinity Real Estate

Mark Giuliano from Premier Property Solutions, Llc represented the buyer in this transaction. Annemarie Torcivia from Trinity Real Estate served as the seller's representative.

Players

Mark Giuliano

Broker

$1.2M

vol

1 deal

Broker

Everett 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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93