Gary Gilbert Acquires MultiFamily Property In Peabody, MA For $1.15M

A multifamily property located at 62 Lowell Street in Peabody, MA, has been sold for a price of $1,150,000. The property consists of 5 units with an average price per unit of $230,000. It has a total square footage of 3,942, resulting in a price per square foot of $292.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $1,150,000
• Units: 5
• Price Per Unit: $230,000
• Square Footage: 3,942
• Price Per Square Foot: $292
• Address: 62 Lowell Street, Peabody, MA
• Buyer: Gary Gilbert
• Seller: Jay Goldberg
• Broker: Stephen Girolamo - Horvath & Tremblay

Stephen Girolamo from Horvath & Tremblay represented both the buyer, Gary Gilbert, and the seller, Jay Goldberg, in this transaction.