Two-Unit Home Sells In Newton Corner For $1.3M With Mark Ruane Of Mgs Group Real Estate

A fully leased two-unit home located at 29-31 Bennington Street in Newton, MA, was sold for $1,300,000. The property spans 2,506 square feet and was sold at a price of $519 per square foot. The multifamily asset in Newton Corner offers updated features such as central air, hardwood flooring, and private laundry facilities, making it a prime investment opportunity.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,300,000
• Units: 2
• Price per Unit: $650,000
• Square Footage: 2,506
• Price per Square Foot: $519
• Address: 29-31 Bennington Street
• Market: Newton, MA
• Broker: Mark Ruane - Mgs Group Real Estate

Mark Ruane from Mgs Group Real Estate represented the parties involved in the transaction, facilitating the sale of this lucrative property in Newton Corner. The deal for the fully leased multifamily asset underscores the demand for well-maintained properties in desirable locations, showcasing the expertise of the broker in navigating successful real estate transactions.