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Sisy Qu Of EXP Realty Represents Buyer In $2.465M Multifamily Sale In Cambridge MA

Property Image
SOLD
$2,465,000

Massachusetts

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MultiFamily4,263 SF
Sold 09/04/2024
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Property Image
SOLD

Sisy Qu Of EXP Realty Represents Buyer In $2.465M Multifamily Sale In Cambridge MA

144 Spring Street

See Similar Deals
MultiFamily4,263 SF
Sold 09/04/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$578
Total Square Footage:4,263 SF
Transaction Type:Sale

A 5-unit multifamily property at 144 Spring Street, Cambridge was sold for $2,465,000. The asset spans 4,263 square feet, equating to a price per unit of $493,000 and a price per square foot of $578. The property consists of two well-maintained buildings, including a triple-decker in the front and a 2-family building in the back. It is situated in East Cambridge near Kendall and features separate utilities along with in-unit laundry for most units.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,465,000
  • Units: 5
  • Square Footage: 4,263
  • Price Per Unit: $493,000
  • Price Per Square Foot: $578
  • Buyer's Representative: Sisy Qu - EXP Realty
  • Seller's Representative: Bill Aibel - Coldwell Banker

The transaction involved Sisy Qu representing the buyer and Bill Aibel representing the seller, highlighting their roles in facilitating the deal. Both representatives are associated with reputable real estate agencies, ensuring a professional process. This sale illustrates a successful conclusion of negotiations between the parties involved in this investment opportunity.

Players

Bill Aibel
2 deals$5.6M volume(617) 840-6351
BROKER

Sisy Qu
EXP Realty
7 deals$16.2M volume(860) 617-9694
BROKER

Details

SOLD
IMAGE: Sisy Qu & Bill Aibel DATE: 09/04/2024 ADDRESS: 144 Spring Street MARKET: Cambridge, MA ASSET TYPE: Multifamily BUYER'S REP: Sisy Qu - EXP Realty (@ExpRealty_) SELLER'S REP: Bill Aibel (@FinCity1) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $2,465,000 UNITS: 5 ~ PPU: $493,000 SF: 4,263 ~ PPSF: $578 NOTE: A 5-unit property at 144 Spring St, Cambridge sold for $2.465M, consisting of two well-maintained buildings— a triple-decker in the front and a 2-family in the back. Located in East Cambridge near Kendall, the property features strong rental history, separate utilities, and in-unit laundry for most units, making it a prime investment opportunity.

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