48 Pond Street Llc Acquires Multifamily Property In Beverly, MA For $2.34M

The multifamily property located at 5 Edwards Street in Beverly, MA has been sold for $2,340,000. The transaction took place on September 27, 2021. The property consists of 9 units, with each unit priced at $260,000. The total square footage of the property is 4,000, resulting in a price per square foot of $585. The buyer of the property is 48 Pond Street Llc, while the seller is 5 Edwards Street Llc. The deal was facilitated by Dan Pouladian of Northshore Realty Advisors, who represented the seller and procured the buyer.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,340,000
• Address: 5 Edwards Street, Beverly, MA
• Market: Beverly, MA
• Units: 9
• Price Per Unit: $260,000
• Square Footage: 4,000
• Price Per Square Foot: $585

This transaction demonstrates the successful collaboration between buyer 48 Pond Street Llc and seller 5 Edwards Street Llc. Dan Pouladian, a representative from Northshore Realty Advisors, played a crucial role in facilitating the deal, working with the seller and finding a suitable buyer. It is worth noting that this transaction occurred during Dan Pouladian's tenure with another brokerage.