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91 Green Street

Sandeep Arora & Maria Ledo Close $1.66M Multifamily Sale In Reading, MA
SOLDMultiFamily

Sandeep Arora & Maria Ledo Close $1.66M Multifamily Sale In Reading, MA

91 Green Street & 93 Green Street

$1,660,000

$169/SF

Building Size

9,800 SF

Asset Type

MultiFamily

Closing

Apr 2, 2024

AI

This new construction 2-family home at 91-93 Green St in Reading, MA, was sold for $1,660,000. It features spacious living areas, a designer kitchen, and a home office. Conveniently located near the center of Reading, the property offers easy access to amenities, transportation, and major highways.

Summary of transaction details:

The transaction at 91-93 Green St involved Sandeep Arora from NextHome Luxury Realty as the buyer's representative and Maria Ledo from Pena Realty Corporation as the seller's representative.

Players

Maria Ledo

Pena Realty Corporation

Broker

$1.7M

vol

1 deal

Broker

Reading 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

9.56%

Cash-on-Cash

-2.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93