July 25, 2018 – Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of 777 Mt. Auburn Street in Watertown, Massachusetts. The apartment building sold for $2,700,000.
The four-story, brick building contains eight units in 7,688 rentable square feet on a 0.157-acre corner lot at the intersection of Mount Auburn Street and Ralph Piteri Terrace. The value-add property features (7) Two Bedroom/One Bath and (1) One Bed/One Bath units with off-street parking for all tenants.
777 Mt. Auburn Street is well located near the Cambridge line and Harvard Square. The convenient location provides easy access to the Red Line and the major commercial centers of Boston and Cambridge as well as to Harvard University, Mt. Auburn Hospital, The Arsenal on the Charles mixed-use development and recreational activities along the Charles River and Fresh Pond.
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.