Koskores Real Estate Corp Acquires Multifamily Property In Cambridge For $3.55M

The multifamily property located at 31-33 Gore Street in Cambridge, MA has been sold. The property spans a total area of 9,459 square feet and consists of 8 units. The sale was facilitated by brokers Dennis Kelleher and John Pentore from Horvath & Tremblay. The transaction was completed on 08/07/2020 for a total price of $3,550,000, resulting in a price per square foot of $375 and a price per unit of $443,750.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,550,000
• Address: 31-33 Gore Street, Cambridge, MA
• Market: Cambridge, MA
• Seller: Frazier S. Proffitt
• Buyer: Koskores Real Estate Corp
• Brokers: Dennis Kelleher & John Pentore - Horvath & Tremblay
• Square Footage: 9,459
• Price per Square Foot: $375
• Units: 8
• Price per Unit: $443,750

This transaction highlights the successful collaboration between seller Frazier S. Proffitt and buyer Koskores Real Estate Corp. The deal was facilitated by brokers Dennis Kelleher and John Pentore, who represented the parties involved and ensured a smooth transaction. The sale of this multifamily property in Cambridge, MA demonstrates the strong real estate market in the area.