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Multi-Family Property In Somerville, MA Sold For $1.55M With Buyer's Rep Sammy Chen & Seller's Rep Carol McDonald Macri

Property Image
SOLD
$1,550,000

Massachusetts

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MultiFamily3,206 SF
Sold 10/24/2023
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Property Image
SOLD

Multi-Family Property In Somerville, MA Sold For $1.55M With Buyer's Rep Sammy Chen & Seller's Rep Carol McDonald Macri

18 Bromfield Road

See Similar Deals
MultiFamily3,206 SF
Sold 10/24/2023
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$483
Total Square Footage:3,206 SF
Transaction Type:Sale

A multifamily property located at 18 Bromfield Road in Somerville, MA, has been sold for $1,550,000. The property spans 3,206 square feet, resulting in a price per square foot of $483.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,550,000
  • Address: 18 Bromfield Road, Somerville, MA
  • Market: Somerville, MA

The transaction was facilitated by Sammy Chen from Denkar Realty Group, who represented the buyer, and Carol McDonald Macri from Lamacchia Realty, who represented the seller.

This sale represents a successful transaction for both parties involved, with Carol McDonald Macri and Sammy Chen playing vital roles as the seller's and buyer's representatives respectively.

Players

Sammy  Chen
7 deals$8.9M volume
BROKER

Carol McDonald Macri
Lamacchia Realty
1 deal$1.6M volume(781) 389-6184
BROKER

Details

SOLD
IMAGE: Carol McDonald Macri & Sammy Chen DATE: 10/24/2023 ADDRESS: 18 Bromfield Road MARKET: Somerville, MA ASSET TYPE: Multifamily BUYER'S REP: Sammy Chen - Denkar Realty Group SELLER'S REP: Carol McDonald Macri - Lamacchia Realty (@LamacchiaRealty) SALE PRICE: $1,550,000 SF: 3,206 ~ PPSF: $483 NOTE: A multifamily property located at 18 Bromfield Road in Somerville, MA, has been sold for $1,550,000. The transaction involved Sammy Chen from Denkar Realty Group representing the buyer and Carol McDonald Macri from Lamacchia Realty representing the seller.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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