Daily Market Updates: Marcus & Millichap closes $4.9M sale of Boston Mattapan apartment portfolio

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Marcus & Millichap closes $4.9M sale of Boston Mattapan apartment portfolio

The three-building portfolio at Delhi Street totals 18 apartments, with partial renovations and off-street parking, according to ConnectCRE.

Reported · Written up by our desk · Residential

Marcus & Millichap has closed the sale of the Delhi Street Portfolio, a three-building multifamily property in Boston’s Mattapan neighborhood, for $4,875,000, ConnectCRE reports.

The portfolio is located at 157-159, 161-163, and 165-167 Delhi St. and includes 18 apartments, with three one-bedroom units and 15 two-bedroom units.

The properties were built in 1930 and have undergone partial renovations, and the deal includes off-street parking.

ConnectCRE said Marcus & Millichap’s Evan Griffith and Tony Pepdjonovic marketed the asset on behalf of the seller, a local partnership.

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ConnectCREMarcus & Millichap Closes Sale of Mattapan Apartment Portfolio

Real Estate

Marcus & Millichap closes $4.9M sale of Boston Mattapan apartment portfolio

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