May 3, 2018 – Stephen Girolamo of Horvath & Tremblay has successfully completed the sale of 59 Prospect Street in Gloucester, Massachusetts. The apartment building sold for $718,000.
The four unit multi-family property is comprised of 4,318 rentable square feet with three, 2-bedroom apartments as well as an attached 3-bedroom townhouse. The property features four off-street parking spaces for tenants. 59 Prospect Street is located in downtown Gloucester and benefits from its close proximity to the Gloucester Commuter Rail Station and numerous shopping and dining options.
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.