Hongyan Sun Of Stonebridge Realty Represents Buyer In Somerville Multifamily Sale For $1.82M

A three-unit multifamily property located at 93 Marion Street in Somerville, MA, has been sold for $1,820,000. The total square footage of the building is 3,795, with a price per square foot of $480. The property consists of two four-bedroom units and one three-bedroom unit. It features tandem parking and rear porches and is situated near rapid transit and major employers, but requires renovations.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,820,000
• Units: 3
• Price Per Unit: $606,667
• Square Footage: 3,795
• Price Per Square Foot: $480
• Buyer's Representative: Hongyan Sun - Stonebridge Realty
• Seller's Representative: Kevin Benzinger - Boston Realty Advisors

Hongyan Sun from Stonebridge Realty represented the buyer in this transaction, while Kevin Benzinger from Boston Realty Advisors represented the seller. The property was sold on August 15, 2024.