Re/Max Destiny Acquires Multifamily Property In Somerville, MA For $1.11M

The multifamily property located at 23 Franklin St in Somerville, MA has been sold. The transaction took place on 12/15/2021 and was facilitated by Laurie Devereaux from Century 21 Advance Realty, who represented the seller, and Sage Jankowitz from Re/Max Destiny, who represented the buyer. The property spans 3,394 square feet and was sold for a price of $1,111,000, resulting in a price per square foot of $327.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,111,000
• Date: 12/15/2021
• Address: 23 Franklin St, Somerville, MA
• Market: Somerville, MA
• Buyer's Rep: Sage Jankowitz - Re/Max Destiny
• Seller's Rep: Laurie Devereaux - Century 21 Advance Realty
• Square Footage: 3,394
• Price per Square Foot: $327

Laurie Devereaux from Century 21 Advance Realty represented the seller in this transaction, while Sage Jankowitz of Re/Max Destiny represented the buyer. The sale of this multifamily property provides an opportunity for the new owner to generate rental income and capitalize on the property's potential. The market in Somerville, MA offers a favorable environment for real estate transactions, making this sale a sound investment for both parties involved.