Sharazi Realty Acquires Multifamily Property In Salem, MA For $1.4M

The property involved in this transaction is a multifamily asset located at 2 Essex Street in Salem, MA. The sale took place on August 31, 2023. The property consists of 6 units, with a price per unit of $233,333. The total square footage of the property is 7,844, resulting in a price per square foot of $178. The sale was facilitated by brokers Dan Pouladian and Sara Pouladian from Northshore Realty Advisors.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,400,000
• Address: 2 Essex Street, Salem, MA
• Market: Salem, MA
• Buyer: Sharazi Realty - Bobby Shirazi
• Seller: Blue Sky Realty - Greg Spanos
• Brokers: Dan Pouladian & Sara Pouladian - Northshore Realty Advisors
• Units: 6
• Price per Unit: $233,333
• Square Footage: 7,844
• Price per Square Foot: $178

Bobby Shirazi from Sharazi Realty acquired the property from Greg Spanos of Blue Sky Realty. The sale was successfully negotiated by Dan Pouladian and Sara Pouladian, who acted as brokers for this transaction.