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Douglas Elliman Acquires Multifamily Property In Somerville, MA For $1.05M

Property Image
SOLD
$1,050,000

Massachusetts

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MultiFamily2,126 SF
Sold 08/15/2023
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Property Image
SOLD

Douglas Elliman Acquires Multifamily Property In Somerville, MA For $1.05M

31 Conwell Ave Somerville, MA 02144, USA

See Similar Deals
MultiFamily2,126 SF
Sold 08/15/2023
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$493
Total Square Footage:2,126 SF
Transaction Type:Sale

In Somerville, MA, a multifamily property at 31 Conwell Avenue was sold for $1,050,000. The property has a total area of 2,126 square feet, resulting in a price per square foot of $494. The transaction was facilitated by The Sarkis Team of Douglas Elliman Real Estate, representing the buyer, and Jeffrey Stephens of Compass, representing the seller.

Summary of transaction details

The Sarkis Team, led by George Sarkis, represented the buyer in the transaction. They are real estate brokers associated with Douglas Elliman Real Estate. Jeffrey Stephens, a representative from Compass, acted as the seller's broker. The collaboration between these industry professionals culminated in the successful sale of the multifamily property at 31 Conwell Avenue.

Players

George Sarkis
6 deals$19.8M volume
BROKER

Jeffrey Stephens
Compass
2 deals$22.1M volume(617) 733-9635
BROKER

Details

SOLD
IMAGE: George Sarkis & Jeffrey Stephens DATE: 08/15/2023 ADDRESS: 31 Conwell Avenue MARKET: Somerville, MA ASSET TYPE: Multifamily BUYER'S REP: The Sarkis Team (@TheSarkisTeam) - George Sarkis (@GeorgeSarkisJr) - Douglas Elliman Real Estate (@DouglasElliman) (@DouglasEllimanMassachusetts) SELLER'S REP: Jeffrey Stephens (@JeffStephens.Realtor) - Compass (@Compass) SALE PRICE: $1,050,000 SF: 2,126 ~ PPSF: $494 NOTE: In Somerville, MA, a multifamily property at 31 Conwell Avenue sold for $1,050,000. The deal was brokered by The Sarkis Team of Douglas Elliman Real Estate for the buyer and Jeffrey Stephens of Compass for the seller.

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