Our City Realty Acquires Multifamily Property In Cambridge, MA For $1.51M

Located in Cambridge, MA, the property at 27 Wood St recently changed hands in a closed transaction. The multifamily asset offers a total square footage of 3,156 and was sold for a notable price of $1,510,000, resulting in a price per square foot of $478. The deal took place on March 14, 2022, with the buyer being represented by Derek Powers from Our City Realty, LLC, and the seller being represented by Jacqueline Mercer, also from Our City Realty, LLC.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,510,000
• Square Footage: 3,156
• Price per Square Foot: $478
• Date: 03/14/2022
• Address: 27 Wood St, Cambridge, MA
• Market: Cambridge, MA

The buyer's representative, Derek Powers from Our City Realty, LLC, played an integral role in the transaction. Combining their expertise and market knowledge, Powers assisted the buyer in acquiring the property. On the other side, the seller was represented by Jacqueline Mercer, also from Our City Realty, LLC. Their respective efforts ensured a successful property exchange.