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

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.