Homeowner's Rehab Acquires Multifamily Property In Cambridge For $7.2M

The multifamily property located at 1627 Massachusetts Avenue in Cambridge, MA has been sold in a closed transaction. The property consists of 6,821 square feet. The sale price for this transaction was $7,200,000, resulting in a price per square foot of $1,056.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,200,000
• Address: 1627 Massachusetts Avenue, Cambridge, MA
• Market: Cambridge, MA

The buyer of the property is Homeowner's Rehab, and the seller is Lesley University. Representing the buyer and seller in this transaction were the following brokers from Cushman & Wakefield: John Flaherty, Chris Sower, Bruce Lusa, Jon Bryant, Kevin Jones, Julie Regan, and Mary VanNatta.