Marcus & Millichap Arranges Sale Of 11-Unit Multifamily Building In Boston For $3.15M
Massachusetts
See Similar DealsMarcus & Millichap Arranges Sale Of 11-Unit Multifamily Building In Boston For $3.15M
11 Schubert Street
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A multifamily building located at 11 Schubert Street in Boston, MA has been sold for $3,150,000. This property consists of 11 units and encompasses a total area of 9,360 square feet, resulting in a price per unit of $286,364 and a price per square foot of $337. The building features a combination of one- and two-bedroom units along with seven parking spaces.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,150,000
- Units: 11
- Square Feet: 9,360
- Price Per Unit: $286,364
- Price Per Square Foot: $337
The transaction was facilitated by Evan Griffith and Tony Pepdjonovic from Marcus & Millichap, who arranged the sale. The property attracted five offers due to its brick exterior, limited local supply, and the presence of vacant units that are prepared for renovation.
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