Jean-Yves Roy Acquires Multifamily Property At 701 East Second Street For $4.025M

The asset involved in this transaction is a multifamily property located at 701 East Second Street in South Boston, MA. The sale price was $4,025,000 for a total of 4 units. The property spans 5,268 square feet, resulting in a price per unit of $1,006,250 and a price per square foot of $764.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,025,000
• Address: 701 East Second Street
• Market: South Boston, MA
• Units: 4
• Square Footage: 5,268
• Price Per Unit: $1,006,250
• Price Per Square Foot: $764
• Buyer: Jean-Yves Roy
• Broker Representatives: Ryan Quinn & John Federico - Grove Property Group

The transaction was represented by brokers Ryan Quinn and John Federico from Grove Property Group, highlighting their role in facilitating the sale between the buyer, Jean-Yves Roy, and the previous property owners, thereby contributing to this successful deal in the South Boston market.