Jinyu Xie Acquires Multifamily Property On Hatch Street In Everett For $1M

Located at 20 Hatch Street in Everett, MA, this recently sold multifamily property is a great investment opportunity. The transaction was finalized on 09/16/2021, with Jinyu Xie as the buyer and Jay Abruzzese as the seller. The property spans 3,210 square feet and was sold for $1,000,000, surpassing its initial asking price of $949,000. With a price per square foot of $312, this multifamily asset is an attractive option in the Everett market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,000,000
• Address: 20 Hatch Street, Everett, MA
• Market: Everett, MA

Rose Hall from Blue Ocean Realty, LLC represented the buyer, Jinyu Xie, in this transaction, while Shaundize Moosavizadeh from Coldwell Banker Realty represented the seller, Jay Abruzzese. Both representatives played instrumental roles in ensuring a successful deal for their respective clients.

This transaction demonstrates the strong investment potential of multifamily properties in Everett, MA. With the property being sold above the asking price, it indicates the demand and attractiveness of this asset type in the market. The involvement of experienced and reputed real estate representatives, such as Rose Hall and Shaundize Moosavizadeh, further adds to the credibility and trustworthiness of this transaction.