Fenway Group Acquires Multifamily Property In East Boston For $1.285M

A meticulously maintained 3-family residence at 101 Chelsea Street in East Boston sold for $1,285,000. The property features modern amenities such as hardwood floors, granite countertops, and stainless steel appliances in each unit. With a total square footage of 2,780, the sale price translates to a per unit price of $428,333 and a price per square foot of $462.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,285,000
• Units: 3
• Square Footage: 2,780
• Price Per Unit: $428,333
• Price Per Square Foot: $462
• Address: 101 Chelsea Street, East Boston, MA
• Buyer's Rep: The Fenway Group - Compass
• Seller's Rep: Zachary Conley - Nextgen Realty

In this transaction, The Fenway Group - Compass represented the buyer, while Zachary Conley from Nextgen Realty represented the seller. The deal presents an investment opportunity for hassle-free rental income in a well-maintained property located in East Boston.