The multifamily property located at 5-7 Chestnut Street in Gloucester, MA has been sold for a price of $1,000,000. The property consists of 4 units with an average price per unit of $250,000. It spans across a total area of 3,640 square feet, resulting in a price per square foot of $275.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,000,000
• Address: 5-7 Chestnut Street, Gloucester, MA
• Number of Units: 4
• Price per Unit: $250,000
• Total Square Footage: 3,640
• Price per Square Foot: $275
• Market: Gloucester, MA

The buyer in this transaction is Jay Goldberg, while the seller is Rick Stevens. The deal was facilitated by Stephen Girolamo from Horvath & Tremblay, serving as the broker representative for both parties.