Kim Covino Of Compass Represents Buyer In $1.355M East Boston Multifamily Sale

The property asset involved in the transaction is a newly renovated multifamily home located at 89 Princeton Street in East Boston, MA. It features three fully leased units that were renovated in 2019 and 2020. The building has modern amenities, including HVAC, hardwood floors, crown moldings, and updated kitchens equipped with stainless steel appliances and quartz countertops. The total sale price for the property was $1,355,000, with a price per unit of $451,667 and a price per square foot of $465. The total square footage is 2,916.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,355,000
• Units: 3
• Square Footage: 2,916
• Price Per Unit: $451,667
• Price Per Square Foot: $465
• Buyer's Representative: Kim Covino - Compass
• Seller's Representative: The Residential Group - William Raveis Real Estate

The deal involves Kim Covino representing the buyer, while The Residential Group, led by William Raveis Real Estate, represents the seller in this transaction. The cooperation between these agencies facilitated the successful sale of the multifamily property in the East Boston market.