Redfin Acquires Multifamily Property On Weitz St, Boston For $1M

The multifamily property located at 13-15 Weitz St in Boston, MA has been sold for a price of $1,000,000. The transaction took place on September 1, 2022. The property consists of 2 units with a total square footage of 2,340. The price per unit was $500,000 and the price per square foot was $427. The sale was facilitated by Nelson Otuechere of NCO Realty Group, who represented the seller, and Rebecca Manchester of Redfin, who represented the buyer.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $1,000,000
• Units: 2
• Price per Unit: $500,000
• Square Footage: 2,340
• Price per Square Foot: $427
• Market: Boston, MA

The buyer, represented by Rebecca Manchester of Redfin, successfully acquired the property from the seller, represented by Nelson Otuechere of NCO Realty Group. The sale of this multifamily asset demonstrates the continued demand for properties in the Boston, MA market.