Bernazzani Real Estate, LLC.
Listed by Bernazzani Real Estate, LLC.
$2,350,000
91-95 Medford Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,289
Net Rentable (SqFt) 7,500
Units 6
Cap Rate 6.3%
NOI $148,087
Occupancy 83%
Pro-Forma Cap Rate 7.66%
Pro-Forma NOI $180,000
Price per SqFt $284
Broker Co-Op Yes
Class B
Year Built 1910
Year Renovated 2019
Buildings 1
Stories 3
Acreage 0.110
Zoning Res A
Parking Spaces 6 spaces
Parking per 1,000 SqFt 0.72
Investment Type Value Add
Ownership Fee simple
6-Unit Multi-Family - Value Add
Marketing description
Investment highlights
- Public transportation access
- Off-street parking
- Highly desirable location
- Expansive square footage
- Renovated units
- Value-add potential
- Located in Qualified Opportunity Zone
Listing Contacts
Bernazzani Real Estate, LLC.
Listed by Bernazzani Real Estate, LLC.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$148,087.00
$12,340.58/mo
Valuation Metrics
0
DSCR
6.3%
Cap Rate
6.3%
ROI
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