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Groma Purchases Multifamily Property At 9 Carmel Street In Roxbury For $3.02 Million

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SOLD
$3,020,000

Massachusetts

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MultiFamily
Sold 01/24/2025
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Property Image
SOLD

Groma Purchases Multifamily Property At 9 Carmel Street In Roxbury For $3.02 Million

9 Carmel Street

See Similar Deals
MultiFamily
Sold 01/24/2025
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale

The property at 9 Carmel Street, located in Roxbury, MA, is a multifamily asset consisting of 3 units. It was sold for a total of $3,020,000. The property, which was acquired by Groma, was last sold in 2015 for $1.15 million. Financing for the transaction was secured through the Hingham Institution for Savings for an amount of $1.7 million.

Summary of transaction details:

This transaction involved key individuals in the real estate market, with Groma acting as the buyer and securing financing from Hingham Institution for Savings. The property is situated near Tremont Street and is in close proximity to the Roxbury Crossing MBTA station.

Players

LENDER

Details

SOLD
IMAGE: 01/24/2025 ADDRESS: 9 Carmel Street MARKET: Roxbury, MA ASSET TYPE: Multifamily BUYER: Groma LENDER: Hingham Institution for Savings SALE PRICE: $3,020,000 UNITS: 3 ~ PPU: $1,006,667 NOTE: Groma acquired 9 Carmel Street in Mission Hill for $3.02 million, securing $1.7 million in financing from Hingham Institution for Savings. The 3-family property, located near Tremont Street and Roxbury Crossing MBTA station, was last sold in 2015 for $1.15 million.

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