Updated Dec 23, 2025
Paula And Richard McLaughlin Sell Multifamily Asset At 846 Main Street Woburn For $1.15M
846 Main Street
$1,150,000
$372/SF
Building Size
3,091 SF
Asset Type
MultiFamily
Closing
Dec 10, 2025
About this deal
AI
The property asset involved in this transaction is a multifamily building located at 846 Main Street, Woburn, MA. The transaction was completed at a sale price of $1,150,000, which breaks down to a price per unit of $383,333 for its 3 units. The total square footage of the asset is 3,091, resulting in a price per square foot of $372.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Units: 3
- Price Per Unit: $383,333
- Total Square Footage: 3,091
- Price Per Square Foot: $372
- Seller: Paula and Richard McLaughlin
- Seller's Representative: Mark J. Kiklis - Kiklis Real Estate
The deal highlights the involvement of Paula and Richard McLaughlin as the sellers, represented by Mark J. Kiklis from Kiklis Real Estate. Mark J. Kiklis played a crucial role in facilitating the transaction, ensuring that the sale proceeded smoothly.
Players
Woburn 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93