Barbara Aceto Of Fudge Properties Represents Buyer In $1.8M Multifamily Sale In Andover, MA

A multi-family property located at 204-210 North Main Street in Andover, MA, was sold for $1,800,000. The property consists of four 3-bedroom townhouse units, offering a total of 5,200 square feet and is accompanied by 12 parking spaces. The transaction reflects a price per unit of $450,000 and a price per square foot of $346, alongside a cap rate of 6.53%.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,800,000
• Units: 4
• Square Footage: 5,200
• Price Per Unit: $450,000
• Price Per Square Foot: $346
• Cap Rate: 6.53%
• Buyer's Representative: Barbara Aceto - Fudge Properties
• Seller's Representative: Spencer Norton - Horvath & Tremblay

The individuals involved in the transaction include Barbara Aceto representing the buyer through Fudge Properties and Spencer Norton representing the seller via Horvath & Tremblay. Each played a critical role in facilitating this real estate deal.