Scott Martin's Martin Property Management Acquires Multifamily In Somerville, MA For $1.02M

The multifamily property located at 79 Derby St in Somerville, MA was recently sold for a total price of $1,020,000. The transaction took place on May 5, 2021, and the property measures 2,138 square feet. With a price per square foot of $477, this property offers a lucrative investment opportunity.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $1,020,000
• Address: 79 Derby St, Somerville, MA
• Market: Somerville, MA
• Seller's Representative: Jin Cai - Engel & Volkers Newton
• Buyer's Representative: Scott Martin - Martin Property Management

The sale of this multifamily property was made possible through the expertise of Jin Cai from Engel & Volkers Newton, who represented the seller, and Scott Martin from Martin Property Management, who acted as the buyer's representative. Their negotiation skills and market knowledge played vital roles in finalizing this successful deal.