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Brendon & Ashley Kellner Acquire Multifamily In Somerville For $1.15M

Property Image
SOLD
$1,155,000

Massachusetts

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MultiFamily29,210 SF
Sold 03/04/2020
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Property Image
SOLD

Brendon & Ashley Kellner Acquire Multifamily In Somerville For $1.15M

90 Glenwood Rd, Somerville, MA 02145, USA

See Similar Deals
MultiFamily29,210 SF
Sold 03/04/2020
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$39
Total Square Footage:29,210 SF
Transaction Type:Sale

A multifamily property at 90 Glenwood Road in Somerville has been sold for $1,155,000. The property spans 2,921 square feet, with a price per square foot of $395. It consists of two units, with a price per unit of $577,500.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,155,000
  • Square Footage: 2,921
  • Price per Square Foot: $395
  • Number of Units: 2
  • Price per Unit: $577,500

The seller of the property was Carlos & Irene Carvalho, while the buyers were Brendon & Ashley Kellner. Soraya Abreu from Leading Edge Real Estate represented the parties involved in the transaction.

Players

1 deal$1.2M volume
BROKER

Details

SOLD
IMAGE: Soraya Abreu DATE: 03/04/2020 ADDRESS: 90 Glenwood Road MARKET: Somerville ASSET TYPE: Multifamily SALE PRICE: $1,155,000 SF: 2,921 PPSF: $395 UNIT: 2 PPU: $577,500 SELLER: Carlos & Irene Carvalho BUYER: Brendon & Ashley Kellner BROKER: Soraya Abreu – Leading Edge Real Estate (@LeadingEdgeRE)

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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