Kyle Burnham Purchases Multifamily Property In Salem For $785,000 With Brokers Nicholas Zolotas & Peter Lutts

The property involved in this transaction is a multifamily asset located at 73 School Street, Salem, MA. It consists of 3 units and offers a total square footage of 3,978. The transaction took place at a price of $785,000, resulting in a per unit price of $261,666 and a price per square foot of $197.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $785,000
• Units: 3
• Price Per Unit: $261,666
• Square Footage: 3,978
• Price Per Square Foot: $197
• Buyer: Kyle Burnham
• Seller: John Purdy
• Buyer's Representative: Nicholas Zolotas & Peter Lutts - Herrick Lutts Realty Partners

The transaction highlights the involvement of key individuals in the deal. The buyer, Kyle Burnham, is acquiring the property from seller John Purdy, with the representation of Nicholas Zolotas and Peter Lutts from Herrick Lutts Realty Partners, who facilitated the transaction.