Somerville Multifamily Sells For $1.25M Through Compass Agent

The multifamily property located at 58 Simpson Ave in Somerville, MA has been sold for a total price of $1,250,000. The sale took place on January 14, 2022, and the transaction was facilitated by broker Mike Cohen from Compass. The property consists of two units with a price per unit of $625,000. It spans a total area of 3,107 square feet, resulting in a price per square foot of $402.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,250,000
• Date: January 14, 2022
• Address: 58 Simpson Ave, Somerville, MA
• Market: Somerville, MA
• Broker: Mike Cohen - Compass
• Units: 2
• Price per Unit: $625,000
• Square Footage: 3,107
• Price per Square Foot: $402

Mike Cohen from Compass played a crucial role as the broker in this transaction, representing the parties involved in the deal. His expertise and guidance contributed to the successful sale of this multifamily property in Somerville, MA.