Somerville, MA – Dennis Kelleher and John Pentore, of Horvath & Tremblay, have arranged the sale of 42 Gorham Street in Somerville, Massachusetts. The value-add multi-family property sold for $1,400,000.
The Gorham Street property is located in the highly desirable Davis Square neighborhood. Davis Square has become a sought-after location for young professionals and families to live and work. The vibrant downtown corridor is lined with restaurants, cafes, and entertainment venues, blending the convenience of urban living with residential appeal. The Property consists of all four bedroom units with one garage space and three additional off street parking spaces for tenants. All units are separately metered for gas heat, hot water and electric. 42 Gorham is also situated less than a 5 minute walk to Davis Square T Station.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in New England. Our advisors specialize in the sale of apartment buildings, mixed-use properties and development. We have experience successfully structuring portfolio sales and 1031 exchanges. We 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.