February 10, 2018 – Dennis Kelleher, John Pentore and Steven Girolamo of Horvath & Tremblay, have arranged the sale of 81 Whiting Street in Lynn, Massachusetts. The apartment building sold for $3,000,000 and a price per unit $142,857.
Located in central Lynn within walking distance to both local and regional public transportation as well as less than a mile to the Lynn Central Square Commuter Rail Station, 81 Whiting Street is a brick apartment building consisting of (15) One Bedroom units, (4) Two Bedroom units and (2) Three Bedroom units. The property has undergone renovations to common areas, individual apartments and a number of capital improvements. In addition, there is off-street parking for every apartment.
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.