Kevin Benzinger Of Boston Realty Advisors Facilitates Sale Of Waltham Multifamily Property For $5.5M

A multifamily property located at 289 Moody Street in Waltham, MA, has been sold for $5,500,000. The asset spans 35,855 square feet and consists of six loft-style apartments along with ground floor retail and artist studios. The property, which includes 17 parking spaces, underwent renovations in 2006 and offers prime access to the MBTA Commuter Line.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,500,000
• Units: 6
• Price Per Unit: $916,667
• Square Footage: 35,855
• Price Per Square Foot: $153
• Broker: Kevin Benzinger - Boston Realty Advisors
• Sale Date: 07/15/2024

Kevin Benzinger from Boston Realty Advisors represented the transaction, facilitating the sale of the property. The deal highlights a mix of residential and commercial uses, reflecting a strategic investment in a revitalized urban area.