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94 Osgood Street, Lawrence,...

Updated Dec 19, 2023

Hart Of New England Team Acquires Lawrence, MA Multifamily For $1.56M
SOLDMultiFamily

Hart Of New England Team Acquires Lawrence, MA Multifamily For $1.56M

94 Osgood Street, Lawrence, MA, USA

$1,560,000

$228/SF

Building Size

6,828 SF

Asset Type

MultiFamily

Closing

Mar 15, 2021

About this deal

AI

The multifamily property located at 94-96-100 Osgood Street in Lawrence, MA was recently sold for a total of $1,560,000. The transaction was completed on March 16, 2021. The property spans a total of 6,828 square feet, resulting in a price per square foot of $228. Randy Hart of Hart Of New England Realty represented the seller in this deal.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,560,000
  • Address: 94-96-100 Osgood Street, Lawrence, MA
  • Market: Lawrence, MA
  • Square Feet: 6,828
  • Price Per Square Foot: $228

Randy Hart, from the Hart of New England Team at Hart Of New England Realty, acted as the broker for the seller in this transaction.

Players

Randy Hart

Re/Max

Broker

$2.9M

vol

2 deals

Broker

Lawrence MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $228 per square foot on a published $1.6M for 6,828 square feet (2021).

Visit Randy Hart to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.17%

Cash-on-Cash

-2.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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