Premium Realty Acquires Multifamily Property In Newton, MA For $1.6M

The multifamily property located at 9-11 Glazer Rd in Newton, MA has been sold for $1,600,000. The transaction took place on 11/22/2021, with a total of 2 units in the property. The price per unit was $800,000, and the property spans over 3,906 square feet with a price per square foot of $410.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,600,000
• Buyer's Representative: Jagrti Patel - Premium Realty, Inc.
• Seller's Representative: Ed Lyon - Preservation Properties
• Address: 9-11 Glazer Rd
• Market: Newton, MA
• Units: 2
• Price Per Unit: $800,000
• Square Footage: 3,906
• Price Per Square Foot: $410

Jagrti Patel, representing Premium Realty, Inc., acted as the buyer's representative in this transaction. Ed Lyon, from Preservation Properties, served as the seller's representative. This successful sale demonstrates the demand for multifamily properties in the Newton, MA market.