Marcus & Millichap Sells 12-Unit Multifamily Property In East Boston For $5M

Located in East Boston, MA, a multifamily property was recently sold at 45-47 Chelsea St & 37 Chelsea St. The transaction, which took place on 08/27/2021, was facilitated by Evan Griffith & Tony Pepdjonovic from Marcus & Millichap. The property consists of 12 units, with each unit valued at approximately $416,667, resulting in a total sale price of $5,000,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,000,000
• Units: 12
• Price per Unit (PPU): $416,667

Evan Griffith & Tony Pepdjonovic, representing Marcus & Millichap, played a key role in the deal as the brokers involved in the transaction. Their expertise and negotiation skills contributed to the successful sale of this multifamily property.