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Riverfront Realtors Acquires Multifamily Property In Somerville, MA For $1.085M

Property Image
SOLD
$1,085,000

Massachusetts

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MultiFamily1,720 SF
Sold 11/12/2021
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Property Image
SOLD

Riverfront Realtors Acquires Multifamily Property In Somerville, MA For $1.085M

105 Beacon Street, Somerville, Massachusetts, USA

See Similar Deals
MultiFamily1,720 SF
Sold 11/12/2021
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$630
Total Square Footage:1,720 SF
Transaction Type:Sale

The multifamily property located at 105 Beacon Street in Somerville, MA has recently been sold in a closed transaction. The sale was facilitated by Ron Carpenito from Prime Property Team, who represented the seller, and Greg McCarthy from Riverfront Realtors, who represented the buyer. The property consists of 2 units with a total square footage of 1,720. The asking price for this property was $1,100,000, and it was sold for $1,085,000, resulting in a price per unit of $542,500. The price per square foot was $631.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,085,000
  • Address: 105 Beacon Street, Somerville, MA
  • Market: Somerville, MA
  • Buyer's Representative: Greg McCarthy - Riverfront Realtors
  • Seller's Representative: Ron Carpenito - Prime Property Team

This transaction showcases the expertise of Greg McCarthy and Ron Carpenito in representing their respective clients in the sale. Both parties were able to negotiate a successful deal, resulting in the sale of this multifamily property.

Players

13 deals$19.6M volume
BROKER

Details

SOLD
IMAGE: Ron Carpenito DATE: 11/12/2021 ADDRESS: 105 Beacon Street MARKET: Somerville, MA ASSET TYPE: Multifamily BUYER'S REP: Greg McCarthy - Riverfront Realtors (@BostonRiverfrontRealtors) SELLER'S REP: Ron Carpenito (@Ron_Carpenito) - Prime Property Team ASKING PRICE: $1,100,000 SALE PRICE: $1,085,000 UNITS: 2 ~ PPU: $542,500 SF: 1,720 ~ PPSF: $631

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