January 5, 2018 – Dennis Kelleher and John Pentore, of Horvath & Tremblay, have arranged the sale of 161 Salem Street in Medford, Massachusetts. The 24-unit apartment building sold at a price of $5,000,000.
161 Salem Street is a brick apartment building consisting of (15) Two Bed, One Bath units, (9) One Bed, One Bath units situated in an excellent urban location, just outside Medford Square and directly off of Interstate 93. Located in the heart of the City, Medford Square is an attractive district that mixes restaurants, shops, businesses, and services, while also being a great place to live.
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 projects. 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.