Rebecca Kilborn Of Kilborn Properties Sells Multifamily Asset In Danvers For $1.745M

The property asset involved in the transaction is a multifamily building located at 42 Preston Street in Danvers, MA. This asset comprises 7 units, with a total square footage of 4,874 SF. The sale price was $1,745,000, resulting in a price per unit of $249,285 and a price per square foot of $358.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,745,000
• Units: 7
• Square Footage: 4,874
• Price Per Unit: $249,285
• Price Per Square Foot: $358
• Seller: Rebecca Kilborn - Kilborn Properties
• Brokers: Paul Herrick & Nicholas Zolotas - Herrick Lutts Realty Partners
• Date of Transaction: 07/25/2024

The transaction highlights the involvement of Rebecca Kilborn representing Kilborn Properties in the sale, while the brokers facilitating the deal were Paul Herrick and Nicholas Zolotas from Herrick Lutts Realty Partners. Their collective efforts played a crucial role in successfully closing this transaction.