November 30, 2018 – Dennis Kelleher and John Pentore of Horvath & Tremblay have arranged the sale of 54 Cary Avenue in Chelsea, Massachusetts. The 8-unit apartment building closed at a price of $1,275,000.
Delivered vacant at closing, the value add property is located within a densely populated residential neighborhood just a few blocks north of downtown Chelsea. 54 Cary Ave is situated in an excellent urban infill location, less than a 10 minute walk to the Chelsea commuter rail as well as easy access to Route 1 to Downtown Boston.
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.