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Somerville Multifamily Sells For $1.25M Through Compass Agent

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SOLD
$1,250,000

Massachusetts

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MultiFamily3,107 SF
Sold 01/14/2022
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Property Image
SOLD

Somerville Multifamily Sells For $1.25M Through Compass Agent

58 Simpson Avenue, Somerville, Massachusetts 02144, United States

See Similar Deals
MultiFamily3,107 SF
Sold 01/14/2022
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$402
Total Square Footage:3,107 SF
Transaction Type:Sale

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.

Players

Mike Cohen
12 deals$128.1M volume
BROKER

Details

SOLD
IMAGE: Mike Cohen DATE: 01/14/2022 ADDRESS: 58 Simpson Ave MARKET: Somerville, MA ASSET TYPE: Multifamily BROKER: Mike Cohen (@TheMikeCohen) - Compass SALE PRICE: $1,250,000 UNITS: 2 ~ PPU: $625,000 SF: 3,107 ~ PPSF: $402

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