Richard T. Guarino & James McMahon Acquire Belmont Multifamily Package Deal For $1.87M

The package deal consisting of two multifamily properties located at 2487 Arthur Avenue and 2528 Hughes Ave in Belmont has been sold for a total of $1,866,666. The properties have a combined square footage of 3,800, resulting in a price per square foot of $491. This transaction took place on January 19, 2022.

Summary of transaction details:

• Property Type: Package Deal (Multifamily)
• Transaction Amount: $1,866,666
• Market: Belmont
• Zoning: R6
• Buyer's Representative: Richard T. Guarino - Friedman-Roth
• Seller's Representative: James McMahon - Friedman-Roth

Richard T. Guarino from Friedman-Roth represented the buyer in this deal, while James McMahon, also from Friedman-Roth, represented the seller.