Alberto Ovalle Of Gibson Sotheby's International Realty Represents Buyer In $2.14M Somerville Multifamily Sale

A newly renovated three-family property at 755 Somerville Avenue in Somerville, MA, has been sold for $2,140,000. The asset comprises three units averaging 1,083 square feet, reflecting a price per unit of $713,333 and a price per square foot of $659. Each unit features updated kitchens, high ceilings, and hardwood floors.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,140,000
• Units: 3
• Square Footage: 3,249
• Price per Unit: $713,333
• Price per Square Foot: $659
• Buyer's Representative: Alberto Ovalle - Gibson Sotheby's International Realty
• Seller's Representative: Nathan Long - Coldwell Banker

The transaction involved key representatives Alberto Ovalle, acting on behalf of the buyer, and Nathan Long, representing the seller. This deal reflects the collaboration between these brokers in facilitating the sale of the property.