Josef Alves Acquires Multifamily Property At 2 Powers Court In Boston For $2.095M

The multifamily property located at 2 Powers Court, Boston, MA, was sold for a transaction amount of $2,095,000. The asset includes 4 units and has a total square footage of 2,655. The price per unit stands at $523,750, while the price per square foot is $789.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $2,095,000
• Units: 4
• Square Footage: 2,655
• Price Per Unit: $523,750
• Price Per Square Foot: $789
• Buyer: Josef Alves
• Seller: Frank Federico
• Buyer's Representative: Scott Farrell - Compass
• Seller's Representative: Nicholas Bevilacqua - Horvath & Tremblay

The transaction involved key representations by Scott Farrell of Compass, representing the buyer, and Nicholas Bevilacqua of Horvath & Tremblay, representing the seller. Their roles were crucial in facilitating the sale of this property in the competitive Boston market.