Rubina Shrestha Rana Acquires Multifamily Property In Somerville For $1,150,000

18 Morton St, Somerville, MA 02145, sold for $1,150,000. This two-family home provides a prime opportunity for investors and owner-occupants. Situated near Union Square and Assembly Row, the property boasts potential for expansion and enhancement, featuring spacious units and the possibility of additional development under NR zoning.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,150,000
• Units: 2
• Price Per Unit: $575,000
• Square Footage: 3,130
• Price Per Square Foot: $367
• Address: 18 Morton Street, Somerville, MA
• Market: Somerville, MA
• Buyer's Rep: Rubina Shrestha Rana - Reva Capital Realty
• Seller's Rep: Lisa Sheehan - Senné

The transaction involved Rubina Shrestha Rana from Reva Capital Realty representing the buyer, and Lisa Sheehan from Senné representing the seller. The deal signifies a significant real estate investment in Somerville's competitive market, showcasing the expertise and negotiation skills of the buyer's and seller's representatives.