SOLD
Yueji Hall Of Blue Ocean Property Management Acquires Multifamily Property In Somerville For $1.43M
131 Summer Street
MultiFamily
2,535 SF
2,535 SF
Sold 17 days ago
Summary
Sale
MASSACHUSETTS
MultiFamily
2,535 sqft
Located at 131 Summer Street in Somerville, this multifamily property was recently sold for $1,430,000. The property consists of two units spanning a total of 2,535 square feet. The sale price equates to $564 per square foot, offering a lucrative investment opportunity for the new owner.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,430,000
- Units: 2
- Price Per Unit: $715,000
- Square Footage: 2,535
- Price Per Square Foot: $564
- Address: 131 Summer Street
- Market: Somerville, MA
The buyer in this transaction was represented by Yueji Hall from Blue Ocean Property Management, while the seller was represented by the Santana Team from Keller Williams Realty. This deal showcased a turnkey investment opportunity, with both units having undergone upgrades, including new kitchens and bathrooms in Unit 1.
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2
Agents
1
Agencies
1
Details
SOLD
IMAGE: 04/18/2024
ADDRESS: 131 Summer Street
MARKET: Somerville, MA
ASSET TYPE: Multifamily
BUYER'S REP: Yueji Hall - Blue Ocean Property Management
SELLER'S REP: Santana Team - Keller Williams Realty (@KellerWilliamsRealty)
SALE PRICE: $1,430,000
UNITS: 2 ~ PPU: $715,000
SF: 2,535 ~ PPSF: $564
NOTE: 131 Summer St in Somerville sold for $1,430,000, offering a turnkey investment opportunity with two units featuring upgrades throughout, including new kitchen and bath in Unit 1.View on map
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Address131 Summer Street
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