April 2, 2021 – Ryan Benton of Horvath & Tremblay has successfully completed the sale of a 4-unit Multi-Family property in Framingham, Massachusetts. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $610,000.
30 Chestnut Street is a four-unit multi-family building in Framingham, Massachusetts. The building contains two (2), 2-Bedroom/1-Bathroom units, one (1), 1-Bedroom/1-Bathroom unit, and one (1) studio unit in 2,853 livable square feet (4,311 gross square feet) spread over three floors and sits on 0.15 acres of land. Each unit is separately metered for electricity and gas (heat and hot water), which the tenants pay directly. The landlord is solely responsible for water and sewer, and additionally the property offers six off-street parking spaces. 30 Chestnut Street is well-located in the desirable Saxonville neighborhood in North Framingham with excellent access to all the amenities the area has to offer. The Property is a short drive from the commercial center at the intersection of Cochituate Road and Concord Street, with convenient access to area highways and public transport. The Framingham MBTA Station runs through the middle of downtown and the area features an appealing mix of national and local restaurants and retailers.
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.