A newly built 7-unit multifamily property at 43-49 Georgia Street, Boston, MA, was sold for $3,250,000. The asset features a total of 8,860 square feet and comes with 19 beds and 13+ baths. The price per unit is $464,286, while the price per square foot stands at $367. The property is projected to generate $350,000 in annual gross income, making it an attractive option for investors or owner-occupants. It also provides easy access to transit and major hubs in Boston.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,250,000
• Units: 7
• Square Footage: 8,860 SF
• Price Per Unit: $464,286
• Price Per Square Foot: $367
• Broker: Markese Daise - Stony Brook & Lennox Realty Advisors

The representation in this transaction was handled by Markese Daise from Stony Brook & Lennox Realty Advisors, who played a key role in facilitating the sale of the multifamily property.