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Massachusetts

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Multifamily

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942 West Main Street

Updated Dec 4, 2024

Margo Pisacano Of Margo & Company Brokers $3M Multifamily Sale In Centerville
SOLDMultiFamily

Margo Pisacano Of Margo & Company Brokers $3M Multifamily Sale In Centerville

942 West Main Street

$3,000,000

$278/SF

Building Size

10,779 SF

Asset Type

MultiFamily

Closing

Mar 8, 2024

About this deal

AI

A multifamily property located at 942 West Main Street in Centerville, MA, was recently sold for $3 million. Spanning 10,779 square feet, the property was acquired at a price per square foot of $278.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,000,000
  • Address: 942 West Main Street
  • Market: Centerville, MA
  • Broker: Margo Pisacano - Margo & Company

The transaction was facilitated by Margo Pisacano of Margo & Company, who expertly represented the deal as the broker, ensuring a smooth and successful sale of this multifamily property.

Players

Margo Pisacano

Margo & Company

Broker

$3M

vol

1 deal

Broker

Centerville MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $278 per square foot on a published $3M for 10,779 square feet (2024).

Visit Margo & Company to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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