Manoel R. Neto Acquires Somerville Multifamily As Buyer's Rep For $1.075M

A fully leased 2-family home located at 41 Horace St., Somerville, recently renovated in 2021, was sold for $1.075 million. The property features modern amenities such as granite countertops, stainless steel appliances, and central A/C. Each unit includes laundry hookups, with Unit 2 offering an additional third-floor bonus space and a private rooftop deck with city views.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,075,000
• Units: 2
• Price Per Unit: $537,500
• Square Footage: 3,017
• Price Per Square Foot: $356
• Address: 41 Horace Street, Somerville, MA
• Market: Somerville, MA

The buyer's representative in this transaction was Manoel R. Neto from LAER Realty Partners, while the seller was represented by Winter Properties Realty Group from Custom Home Realty, Inc.