January 17, 2017 – Dennis Kelleher and John Pentore, of Horvath & Tremblay, have arranged the sale of 12-14 Summer Street located in Charlestown, Massachusetts. The six (6) unit apartment building sold for a price of $2,000,000.
12-14 Summer Street is situated in the busy-modern day Thompson Square/Bunker Hill neighborhood of historic Charlestown. This attractive residential neighborhood is composed of brick and wood row houses and has become a one of the most sought after locations for residents and business alike. Located within a short walking distance are the Bunker Hill Monument, the Charlestown Navy Yard, Sullivan Square Station and the Community College Station. Contemporary restaurants and shops thrive alongside the oldest tavern in Massachusetts (Warren Tavern) giving the downtown area a unique flavor. 12-14 Summer Street is comprised of one and two bedroom apartments, including two duplex style units. The apartment building consists of separate gas heat, hot water and electric as well as private roof decks for the penthouse units and a common courtyard for all tenants.
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, mixed-use properties and development projects. 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.