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Centre Realty Group Acquires Multifamily Property In Chelsea, MA For $3.5M

48-54 Clark Avenue
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This MultiFamily property located in MA was sold for $3,500,000 over 2 years ago. The brokers of the deal were Robert Saenz and Sean Packard

A multifamily property located at 48-54 Clark Ave in Chelsea, MA has been sold for a total price of $3,500,000. The property consists of 12 units with an average price per unit (PPU) of $291,667. The total square footage is 8,748, and the price per square foot (PPSF) is $400.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,500,000
  • Address: 48-54 Clark Ave, Chelsea, MA
  • Units: 12
  • PPU: $291,667
  • Square Footage: 8,748
  • PPSF: $400

Sean Packard from Centre Realty Group represented the buyer, while Robert Saenz from Realway Realty represented the seller in this transaction.

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Deals
  • Location
    48-54 Clark Ave, Chelsea, Massachusetts, USA48-54 Clark Ave, Chelsea, Massachusetts, USA
  • Sale Price
    $3,500,000$3,500,000
    $400 PPSF$400 PPSF
  • Area
    8,748 SF8,748 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers2 Brokers

Agents

Robert Saenz

Robert Saenz

Deals3
Financed$11M

Sean Packard

Sean Packard

Deals17
Sold$36.2M

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Deal Summary

SALE IMAGE: Sean Packard & Robert Saenz DATE: 09/16/2021 ADDRESS: 48-54 Clark Ave MARKET: Chelsea, MA ASSET TYPE: Multifamily BUYER'S REP: Sean Packard - Centre Realty Group SELLER'S REP: Robert Saenz - Realway Realty SALE PRICE: $3,500,000 UNITS: 12 ~ PPU: $291,667 SF: 8,748 ~ PPSF: $400

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48-54 Clark Avenue

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