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

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:

• Property Type: Multifamily
• Transaction Amount: $3,020,000
• Buyer: Groma
• Lender: Hingham Institution for Savings
• Units: 3
• Price Per Unit: $1,006,667
• Previous Sale Price (2015): $1,150,000

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.