Selling a multi-family in Teele Square

Multi-families in Teele Square tend to be fairly similar in terms of layout and size, mostly landing in the 2,200 to 2,800 square foot range and often having 4 to 6 total bedrooms. They often typically sell in a relatively narrow band of call it $1.2M to $1.4M as of this writing in late 2025.

And so the key then is what can we do to position your $1.2M market rate multi-family and make it feel as much as possible like a $1.4M property. That will depend on a variety of factors, but some of the areas I will be looking at are:

1. Are the units currently on a lease or tenancy at will? Are your current rents below market, at market or above market?

2. If the unit is vacant or can be vacant, are there any updates to the units that would make the unit appeal to owner occupants? What about updates that would increase the median rental market value?

3. Is there anyway either unit could be reconfigured to add bathrooms or bedrooms in a natural way that could further increase rents?

These questions help us figure out what can be done to your multi-family to help position your property as higher up in the rather tight range of multi-families in Teele Square. If another Teele Square multi-family is on-market in your neighborhood, we want to ensure that buyers pick yours and it should feel not even close.

Let me help you properly position your multi-family in Teele Square, so that you can realize outsized returns! Call me at 617-833-7457 to discuss more!