Charlesgate Realty Listing Unique North End Apartments

BOSTON — Charlesgate Realty Group has been retained as exclusive listing agent to market 178 North St. in the city’s historic North End neighborhood, officials for the Boston-based real estate brokerage firm have announced. The nine-unit multifamily property has been family owned and occupied for multiple generations and is now available for sale in one of the country’s hottest residential markets.

“This property offers a unique opportunity for an investor to acquire a property that has not been on the market since the 1940s,” explains Charlesgate Realty Managing Partner Michael DiMella. “The current owners have occupied and maintained it flawlessly over the years, and there is tremendous value-add potential that could make it a core piece of a buyer’s portfolio.”

DiMella points to the building’s surroundings as another harbinger of health, relaying that “the North End market is seeing tremendous growth and development, pushing rent and sale prices higher than we have seen before.” Charlesgate is pitching the chance to own 178 North St. on an un-priced basis and plans to conduct tours over the next few weeks followed by a call for offers from motivated suitors.

Charlesgate Multifamily offers clientdriven service specializing in brokerage and asset management of residential multifamily valued from $1 million to $30 million. The firm also represents buyers and sellers of multifamily investment assets through the acquisition, management, renovation and disposition stages and has a vertically integrated approach with the property management and rental divisions of Charlesgate Realty Group.