Maria Renda Of True North Boston Realty Facilitates Sale Of South Boston Multifamily For $2.52M

A pair of 3-unit buildings, located at 165-167 West Second Street in Boston, MA, sold for a total of $2,520,000. The multifamily properties encompass 1,900 square feet and consist of six one-bedroom apartments. Each unit features hardwood floors and modern finishes, with the buildings equipped with individual air conditioning units. The properties are fully leased, situated near popular dining and transit options, and offer below-market rents while being in turnkey condition.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,520,000
• Units: 3
• Price per Unit: $840,000
• Square Feet: 1,900
• Price per Square Foot: $1,326
• Broker: Maria Renda - True North Boston Realty

The transaction was led by broker Maria Renda from True North Boston Realty, representing the parties involved in the deal. This sale showcases the competitive dynamics of the South Boston market, where properties are sought after due to their desirable location and potential for rental growth.