Marcus & Millichap Brokers $3.15M Sale of 11-Unit Roslindale Multifamily Property

Reuters
Feb 07
Marcus & Millichap Brokers $3.15M Sale of 11-Unit Roslindale Multifamily Property

Marcus & Millichap Inc. has brokered the sale of an 11-unit, 9,360-square-foot multifamily property in Boston's Roslindale neighborhood for $3.15 million. The three-story brick building, constructed in 1970, offers a mix of one- and two-bedroom units, seven off-street parking spaces, and a common laundry area. More than half of the units were delivered vacant, presenting a value-add opportunity for the buyer. The property is located near major thoroughfares, MBTA Commuter Rail stations, and retail centers. Marcus & Millichap senior managing directors Tony Pepdjonovic and Evan Griffith marketed the property and secured five qualified offers during the process.

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