Located in the heart of Downtown Whitman, MA, a tremendous value-add opportunity has been sold at 15-23 Whitman Avenue. This multifamily property consists of two buildings on contiguous parcels, offering a total of 13 residential units. The sale price for this property was $1,185,000, which translates to a price per unit of $91,154. The total square footage of the property spans 9,512 square feet, resulting in a price per square foot of $125.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,185,000
• Units: 13
• Price Per Unit: $91,154
• Square Footage: 9,512 sqft
• Price Per Square Foot: $125
• Address: 15-23 Whitman Avenue, Whitman, MA
• Market: Whitman, MA

George N. Vasvatekis from Northeast Advisors, Inc. represented the seller in this transaction. Their expertise in the market facilitated the sale of this prime property to a new owner. The sale of this multifamily building was a notable opportunity for value-add investment in the sought-after location of Downtown Whitman, MA.