March 29, 2021 – Mike McCarthy of Horvath & Tremblay has successfully completed the sale of a 4-unit Multi-Family building in Dorchester, Massachusetts. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $1,627,500 which is $406,875 per unit.
620 Dudley Street is a four-story building that contains four (4) total units made up of one (1), 3-Bedroom/1-Bathroom unit, two (2) 4-Bedroom/1-Bathroom units and one (1), 5-Bedroom/1-Bathroom unit in 5,484 square feet of living area on a 0.058-acre parcel. The property is well located on Dudley Street in the Uphams Corner Area of Dorchester. An impressive 62,600+ people live within a 1-mile radius of the Property with an average household income of $71,914. Over 449,000+ people live within 3 miles of the Property with an average household income of $108,485. The University of Massachusetts Boston is just 2-miles from the property and has an enrollment of over 16,000 students. Boston College High School, John W McCormack Middle School, Boston Collegiate Charter School and Edward Everett Elementary School are all within close proximity to the property. 620 Dudley Street is located just a couple hundred yards from the Uphams Corner MBTA, which features services for the Fairmount Line, and several MBTA Bus Routes, as well as a UMass Boston Shuttle. The Property enjoys close proximity to Columbia Road and Blue Hill Avenue and is conveniently located just 1-mile from Interstate 93.
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.