Kirsten McEleney Of KM Development LLC Sells Multifamily Property In South Boston For $2.6M

The property involved in this transaction is a multifamily asset located at 421 East Sixth Street, South Boston, MA. It was sold for $2,600,000, comprising 2 units with a total square footage of 5,673. The price per unit is $1,300,000, and the price per square foot amounts to $458.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $2,600,000
• Address: 421 East Sixth Street
• Market: South Boston, MA
• Units: 2
• PPU: $1,300,000
• SF: 5,673
• PPSF: $458
• Seller: Kirsten McEleney - KM Development LLC
• Buyer's Representative: Jorge Sariego - Boston One Realty Group
• Seller's Representative: Kirsten McEleney - KM Real Estate Group
• Zoning Counsel: Michael Welsh, Esq.

Kirsten McEleney played a dual role in this transaction, acting as both the seller and the buyer’s agent. She secured ZBA approval for a 4-unit townhouse development, which was subsequently assigned to a local builder-developer. Jorge Sariego is the broker-owner of Boston One Realty Group and an Associate Broker at @Serhant. Kirsten and Jorge will collaborate as co-listing agents for the townhouses upon project completion, which will feature various amenities.