Johnny Long & Francesca Little Facilitate $1M Multifamily Sale In Salem, MA

4 Chase Street in Salem, MA, was sold for $1,000,000, presenting a prime investment opportunity. The multifamily property consists of a meticulously maintained 3-family building with a total of 3 units. The units include two 2-bedroom, 1-bathroom configurations and one 3-bedroom, 1-bathroom layout, offering lucrative investment potential. Additionally, the property features eight off-street parking spots, enhancing its attractiveness to potential investors.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,000,000
• Units: 3
• Price Per Unit: $333,333
• Square Footage: 3,420
• Price Per Square Foot: $292
• Address: 4 Chase Street
• Market: Salem, MA

Johnny Long of PRIVI Realty represented the buyer in the transaction, while Francesca Little of Little & Co., Realtors, acted as the seller's representative, facilitating the successful sale of the multifamily property at 4 Chase Street. Both professionals played integral roles in negotiating the deal, ensuring a smooth transaction for all parties involved.