Jorge Betancur & Lisa Leonard Sell Multifamily Property In East Boston For $1.1M

A triple-decker in East Boston located at 180 Bennington Street was recently sold for $1.1M. The property consists of 3 units with a total of 11 bedrooms, offering potential for increased revenue or condo conversion. Fully occupied with rents below market value, this multifamily asset presents an attractive opportunity for investors and developers in the vibrant East Boston neighborhood.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,100,000
• Units: 3
• Price Per Unit: $366,667
• Address: 180 Bennington Street
• Market: East Boston, MA

The sale was facilitated by Jorge Betancur & Lisa Leonard of Century 21 Mario Real Estate. The brokers represented both sides of the transaction, bringing together the buyer and seller for the successful deal.