Onset, MA According to Commercial Realty Advisors, Inc., Christopher Bailey, vice president, sold a fully occupied multi-family building located at 14 E Central Ave. The sale closed for $385,000.
This property was part of a three-property portfolio of investment properties. The new owner is a local investor and intends to maintain the three-family home as an income property. Bailey recently sold a second property in this portfolio, 16 Tenth St. A third property from this portfolio is still available.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and