Boston Real Estate Investors Association

Northeast Private Client Group successfully finalized the sale of a 27-unit property portfolio in Chelsea, MA for a total of $8.4 million.

Northeast Private Client Group Closes a 27 Unit Portfolio for $8.4 Million in Chelsea, MA

Northeast Private Client Group recently completed the sale of a six-building portfolio on Louis Street in Chelsea, MA for $8.4 million. The portfolio, consisting of 27 residential units, was represented by Senior Associate Drew Kirkland, Francis Saenz, and Jim Casey. The buildings also include 23 off-street parking spaces, 16 coin-op washers and dryers, separate utilities for each unit, and a total of 27 gas meters and 38 electric meters. Mr. Kirkland expressed congratulations to both the seller and buyer for their successful transaction in the thriving Chelsea market. The news was originally reported by the Boston Real Estate Times.
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