July 11, 2016 – Dennis Kelleher and John Pentore, of Horvath & Tremblay, have arranged the sale of 7-9 Sparhawk Street in Brighton, Massachusetts. The 4 unit apartment building closed at a price of $1,875,000 and at a price per unit of $468,750.
7-9 Sparhawk Street, located just outside of Brighton Center and is in close proximity to St. Elizabeth’s Medical Center, is athree storied apartment building constructed in 1900 consisting of 6,258 square feet of gross living area. The Property offers an attractive unit mix of (2) four bedroom, two bathroom units, and (2) two bedroom, one bathroom units, as well as (4) garage parking spacesand (13) off-street parking spaces.Each unit is separately metered for gas heating, hot water and electric. Making this an attractive location to commuters is the short 10 minute walk to both the Warren Street and Allston Street Green Line stops, and the short distance to Boston (3 miles) and the Mass Pike (1 mile).Home to many Boston University and Boston College students, young professionals, and families, Brighton offers numerous pubs and ethnic restaurants, with many affordable options for a leisurely afternoon or a night out on the town.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in New England. Their advisors specialize in the sale of apartment buildings and mixed-use properties. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.