Raymond Safi Purchases 31-unit Multifamily Property In Lowell, MA For $5.3M

The multifamily property located at 18-24 Waugh Street & 170 Cross Street in Lowell, MA has been sold for a price of $5,325,000. The property consists of 31 units, with a price per unit of $171,774. The total square footage of the property is 20,076, with a price per square foot of $265.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,325,000
• Address: 18-24 Waugh Street & 170 Cross Street, Lowell, MA
• Market: Lowell, MA
• Buyer: Raymond Safi
• Seller: Edita Kucmas
• Broker: Spencer Norton - Horvath & Tremblay
• Units: 31
• Price per Unit: $171,774
• Square Footage: 20,076
• Price per Square Foot: $265

Spencer Norton from Horvath & Tremblay represented the buyer, Raymond Safi, and Edita Kucmas was the seller in this transaction.