Nick Jasinski Represents Sale Of Waltham, MA Package Deal For $3.9M

The South St portfolio in Waltham, MA was sold in a package deal for a total of $3,925,000. The portfolio consists of four addresses: 155-161 South St, 157R South St, 167 South St, and 167R South St. The total square footage of the portfolio is 11,576, resulting in a price per square foot of $339. The portfolio includes 20 units, with an average unit price of $196,250.

Summary of transaction details

• Property Type: Package Deal
• Transaction Amount: $3,925,000
• Address: 155-161 South St, 157R South St, 167 South St, & 167R South St
• Market: Waltham, MA
• Square Footage: 11,576
• Price per Square Foot: $339
• Units: 20
• Price per Unit: $196,250

The seller's representative in this transaction was Nick Jasinski. The South St portfolio was an off-market deal, and the buyer plans to undertake extensive renovations to stabilize the units. Additionally, the buyer will have land available for future use. Waltham has consistently demonstrated strength as a growing tertiary market in the Greater Boston area.