Spire Investments Acquires Multifamily Property In Beverly, MA For $2.5M

A multifamily property located at 24 Washington Street and 29 Washington Street in Beverly, MA has been sold for $2,500,000. The property consists of 10 units with a price per unit of $250,000. The total square footage is 7,458 with a price per square foot of $335.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,500,000
• Address: 24 Washington Street & 29 Washington Street, Beverly, MA
• Market: Beverly, MA
• Units: 10
• Price per Unit: $250,000
• Total Square Footage: 7,458
• Price per Square Foot: $335

The buyer, Spire Investments, acquired the property. The transaction was facilitated by Stephen Girolamo from Horvath & Tremblay as the broker representing the buyer.