Vito Venuti Acquires Multifamily Property In Beverly, MA For $2.6M

The multifamily property located at 5 Edwards Street in Beverly, MA has been sold in a closed transaction. The property consists of 9 units and spans over 7,772 square feet. The sale price for this off-market deal was $2,600,000 with a price per unit of $288,889 and a price per square foot of $335.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,600,000
• Units: 9
• Price Per Unit (PPU): $288,889
• Square Footage (SF): 7,772
• Price Per Square Foot (PPSF): $335
• Address: 5 Edwards Street, Beverly, MA
• Market: Beverly, MA

Vito Venuti purchased the property from Andrew Stevens. The transaction was facilitated by Dan Pouladian and Sara Pouladian from Northshore Realty Advisors, who acted as the brokers for both the buyer and the seller. Congratulations to all parties involved in this seamless transaction.