Andrew Freed Acquires Multifamily Complex In Worcester For $1.6M

Located at 244 Pleasant Street in Worcester, MA, the multifamily property was recently sold for $1,600,000. The asset, spanning 24,252 square feet, consists of two buildings containing a total of 13 units, presenting a promising opportunity for rental income growth or potential redevelopment.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,600,000
• Square Footage: 24,252
• Price per Square Foot: $66
• Address: 244 Pleasant Street, Worcester, MA
• Market: Worcester, MA

Andrew Freed from Four Points Real Estate represented the buyer in the transaction, while Alexander Colarusso from Colarusso Realty served as the seller's representative, facilitating the sale of this multifamily property in Worcester.