Sotheby's International Realty Sells Multifamily Property In Provincetown, MA For $2.4M
6 Center Street, Provincetown, MA 02657
$2,400,000
$899/SF
Building Size
2,667 SF
Asset Type
MultiFamily
Closing
Jul 14, 2023
AI
A multifamily property located at 6 Center St in Provincetown, MA, was recently sold for a total of $2.4 million. The property boasts a spacious 2,667 square feet of living space, making it an ideal investment opportunity. With a price per square foot of $900, this property offers both size and value for potential buyers.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,400,000
- Address: 6 Center St, Provincetown, MA
- Market: Provincetown, MA
- Broker: Emily Flax - Sotheby's International Realty
- Square Footage: 2,667
- Price Per Square Foot: $900
Emily Flax, a representative from Sotheby's International Realty, facilitated the transaction of this multifamily property. With their expertise and guidance, the property was successfully sold at a desirable price. Emily Flax's dedication to delivering exceptional real estate services ensured a smooth and efficient transaction process for all parties involved.
Center 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93