Multifamily Asset Sold In Salem MA By Nicholas Zolotas For $3.2 Million

The property asset involved in this transaction is a multifamily unit located at 6 Monroe Street in Salem, MA. The sale price of the property was $3,200,000, consisting of 15 units. The total square footage of the property is 5,258, resulting in a price per unit of $213,333 and a price per square foot of $608.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,200,000
• Address: 6 Monroe Street
• Market: Salem, MA
• Units: 15
• Square Footage: 5,258
• Price Per Unit: $213,333
• Price Per Square Foot: $608

Nicholas Zolotas from Herrick Lutts Realty Partners represented the transaction, facilitating the sale of the property while ensuring a smooth process for the parties involved.