Horvath & Tremblay Brokers Sale Of MultiFamily Property In Salem, MA For $1.4M

The property asset involved in the transaction is a MultiFamily located at 52-54 Beaver St, Salem, MA. The sale price of the property was $1,436,500, consisting of 5 units. The total square footage of the asset is 6,040, resulting in a price per unit of $287,300 and a price per square foot of $238.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $1,436,500
• Units: 5
• Square Footage: 6,040
• Price Per Unit: $287,300
• Price Per Square Foot: $238
• Date: 09/07/2022
• Broker: Stephen Girolamo - Horvath & Tremblay

The deal was represented by Stephen Girolamo from Horvath & Tremblay, who facilitated the transaction involving the MultiFamily property. His representation was crucial in navigating the real estate process for this asset in the Salem market.