August 11, 2017 – Dennis Kelleher and John Pentore of Horvath & Tremblay, have arranged the sale of a multi-family building located at 490 Washington Street in South Boston, Massachusetts. The property sold for a price of $1,180,000.
490 Washington Street is a 3,612 square foot, three-storied house located on a 0.11 acre lot. The property is comprised of three bedroom units with off street parking available for tenants. The property is situated in a highly desirable, densely settled residential neighborhood. Making this an attractive location to commuters is the short 15 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, 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.