Quincy Multifamily Property Sells for $3.4 Million

The multi-family property located at 21 Walnut Street in Quincy, Massachusetts has been sold for 3.4 million. The property is a 5,832 square foot multi-family building that was sold for 583 per square foot. The deal was brokered by Jim Shaw.

The buyer and seller of the property have not been disclosed. However, the property was sold on January 21, 2022.

The property is located in Quincy, Massachusetts, which is a suburb of Boston. Quincy is known for its historic landmarks, beaches, and proximity to Boston. The property is located in a residential area, but it is also close to shopping, restaurants, and public transportation.

The sale of this property is indicative of the strong demand for multi-family properties in the Boston area. The Boston real estate market has been hot for several years, and it shows no signs of slowing down. Investors are attracted to the area because of its strong job market, high quality of life, and proximity to major cities.

Jim Shaw, the broker who handled the deal, is a well-known real estate professional in the Boston area. He has been involved in many high-profile real estate transactions over the years, and he is known for his expertise in the multi-family sector.

Overall, the sale of 21 Walnut Street in Quincy, Massachusetts is a positive sign for the Boston real estate market. It shows that investors are still willing to pay top dollar for multi-family properties in the area, and it highlights the expertise of brokers like Jim Shaw who are able to navigate complex real estate transactions.