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Renaissance Investments Purchases Multifamily Brownstone In Boston For $2.605M With Rep Matthew Giangregorio

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SOLD
$2,605,000

Massachusetts

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MultiFamily3,649 SF
Sold 02/04/2025
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Property Image
SOLD

Renaissance Investments Purchases Multifamily Brownstone In Boston For $2.605M With Rep Matthew Giangregorio

18 Milford Street

See Similar Deals
MultiFamily3,649 SF
Sold 02/04/2025
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$713
Total Square Footage:3,649 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 18 Milford Street in Boston, MA. The sale price of the asset was $2,605,000. This property consists of 4 units, spanning a total square footage of 3,649. The price per unit stands at $651,250, while the price per square foot is noted as $713.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,605,000
  • Units: 4
  • Square Footage: 3,649
  • Price Per Unit: $651,250
  • Price Per Square Foot: $713
  • Buyer: Renaissance Investments
  • Buyer’s Representative: Hanneman Gonzales Penney Gould Team - Compass
  • Seller’s Representative: Matthew Giangregorio - Charlesgate Realty Group

Matthew Giangregorio represented the building ownership in the listing, strategic marketing, and successful sale of this four-unit brownstone in Boston's South End. The new ownership plans to gut renovate the long-term rental property and convert it to condominiums.

Players

Matthew Giangregorio
1 deal$2.6M volume(617) 780-0320
BROKER

Compass
BROKERAGE

Details

SOLD
IMAGE: Matthew Giangregorio DATE: 02/04/2025 ADDRESS: 18 Milford Street MARKET: Boston, MA ASSET TYPE: Multifamily BUYER: Renaissance Investments BUYER'S REP: Hanneman Gonzales Penney Gould Team - Compass (@Compass) SELLER'S REP: Matthew Giangregorio (@MatthewGiangregorio) - Charlesgate Realty Group (@CharlesgateRealtyGroup) SALE PRICE: $2,605,000 UNITS: 4 ~ PPU: $651,250 SF: 3,649 ~ PPSF: $713 NOTE FROM BROKER: Matthew Giangregorio represented building ownership in the listing, strategic marketing, and successful sale of this four unit brownstone in Boston's South End. This long term rental property sold as a development opportunity, will be gut renovated, and converted to condos by the new ownership.

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