Mark Linsky & Sean Page Facilitate $1.4M Multifamily Sale In Melrose, MA

A fully occupied 3-family investment property located at 4 Chestnut Park in Melrose, MA, was recently sold for $1,405,000. This multifamily property spans 3,622 square feet and was purchased at a price per unit of $468,333, translating to a price per square foot of $388. The property features separate utilities, in-unit laundry facilities, and offers convenient access to transportation.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,405,000
• Units: 3
• Square Footage: 3,622
• Price per Unit: $468,333
• Price per Square Foot: $388
• Address: 4 Chestnut Park
• Market: Melrose, MA

Mark Linsky of At Home Realty represented the buyer in this transaction, while Sean Page from Signature Page Real Estate acted as the seller's representative. The sale of this property presents an attractive investment opportunity or the potential for a condo conversion project, given its current status as a fully occupied investment property with desirable amenities and location.