Multifamily Property In Somerville MA Sold For $1.53M With Anitha Yajnik Representing Seller

The multifamily home located at 18 Eastman Road in Somerville, MA has been sold for $1,530,000. The property spans 2,743 square feet and consists of two units, offering a total of 5 bedrooms and 3 bathrooms. The price per unit is $765,000, and the price per square foot is $558. The asset is situated on a quiet dead-end street and presents strong rental potential, featuring a one-bedroom lower unit and a spacious four-bedroom upper unit. This location is near Davis and Porter, providing convenient access to various amenities.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,530,000
• Units: 2
• Price per Unit: $765,000
• Square Footage: 2,743
• Price per Square Foot: $558
• Beds: 5
• Baths: 3
• Broker: Anitha Yajnik - Charles River Properties

Anitha Yajnik from Charles River Properties represented the transaction for the multifamily property. This sale marks a significant addition to the market portfolio, reflecting the robust demand for multi-family residences in the area.