Demeo Realty Group Acquires Multifamily Property In Newton, MA For $1.6M

The multifamily property located at 16-18 Frederick St in Newton, MA has been sold for $1,600,000. The sale took place on November 5, 2021. The property spans 3,264 square feet, resulting in a price per square foot of $490.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,600,000
• Address: 16-18 Frederick St, Newton, MA
• Market: Newton, MA
• Buyer's Rep: Demeo Realty Group - Coldwell Banker Realty - Newton
• Seller's Rep: Ed Lyon - Preservation Properties

Demeo Realty Group, representing the buyer, and Ed Lyon from Preservation Properties, representing the seller, facilitated the transaction. This deal showcases the presence of experienced real estate professionals in the Newton market.