Updated Dec 19, 2023
Multifamily Property Sold In Somerville, MA For $1.03M With Buyer's Rep Stephanie Cheong And Seller's Rep S. Brett Sillari
93 Pennsylvania Ave, Somerville, Massachusetts 02145, United States
$1,035,000
$355/SF
Building Size
2,914 SF
Asset Type
MultiFamily
Closing
Jan 23, 2022
About this deal
AI
The multifamily property located at 93-95 Pennsylvania Ave in Somerville, MA has been sold for a total price of $1,035,000. The property spans across 2,914 square feet and the price per square foot is calculated to be $355.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,035,000
- Address: 93-95 Pennsylvania Ave, Somerville, MA
- Market: Somerville, MA
- Buyer's Representative: Stephanie Cheong - Bulfinch Boston Realty, Inc.
- Seller's Representative: S. Brett Sillari - Century 21 Avon
Stephanie Cheong from Bulfinch Boston Realty, Inc. represented the buyer in this transaction, while S. Brett Sillari from Century 21 Avon represented the seller.
On the Map
$1,035,000
$355/SF
MultiFamily
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Somerville 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
15.33%
Cash-on-Cash
-4.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93