January 17, 2018 – Stephen Girolamo, Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of 327 Jefferson Avenue for $675,000 and 1 Hazel Street in Salem for $520,000.
327 Jefferson Street is located on a .145 acre lot and contains five, one-bedroom apartments in 2,808 rentable square feet. The Property is located along an attractive primary roadway on the south side of Salem near Salem State University and the North Shore Medical Center/ Salem Hospital. The Property offers off-street parking, a rear deck, and convenient, walkable access to several bus lines that provide express service to Downtown Boston and the MBTA’s Wonderland Station. 1 Hazel Street consisted of four units with (3) one bath/one bedroom units and one studio apartment with off street parking for tenants.
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.