Mark Wade Of Coldwell Banker Represents Buyer In Beverly Multifamily Sale For $1.2M

A multifamily property located at 7 Home Street in Beverly, MA has been sold for $1,200,000. The asset spans 3,077 sq. ft. and offers a layout of 5 bedrooms and 5 bathrooms. The property has been meticulously maintained by the owner for 23 years and features fully remodeled apartments. Its proximity to downtown enhances its appeal, contributing to strong rental income potential.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,200,000
• Square Footage: 3,077 sq. ft.
• Price Per Square Foot: $390
• Buyer's Representative: Mark Wade - Coldwell Banker
• Seller's Representatives: Kerri Gilmartin & Terri Conway - CityLight Real Estate
• Date of Sale: 08/30/2024
• Market: Beverly, MA

The transaction was facilitated by Mark Wade of Coldwell Banker representing the buyer, while Kerri Gilmartin and Terri Conway of CityLight Real Estate represented the seller. The deal illustrates the collaboration between these real estate professionals in a successful multifamily property transaction.