Centre Realty Group Acquires Multifamily Property In Chelsea, MA For $3.5M

A multifamily property located at 48-54 Clark Ave in Chelsea, MA has been sold for a total price of $3,500,000. The property consists of 12 units with an average price per unit (PPU) of $291,667. The total square footage is 8,748, and the price per square foot (PPSF) is $400.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,500,000
• Address: 48-54 Clark Ave, Chelsea, MA
• Units: 12
• PPU: $291,667
• Square Footage: 8,748
• PPSF: $400

Sean Packard from Centre Realty Group represented the buyer, while Robert Saenz from Realway Realty represented the seller in this transaction.