July 22, 2021 – Ryan Benton, Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a 3-unit multi-family property in Allston, Massachusetts. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $1,660,000.
The property is located at 9-11 Holton Street in Allston, Massachusetts. The three-story building contains three (3) units consisting of one (1), 2-Bedroom/1-Bathroom unit, and two (2), 3-Bedroom/1-Bathroom units in 4,408 square feet of living area with 6,314 square feet of total gross area, on a 0.16-acre parcel with off street parking for ten (10) vehicles, including a two-car garage. 9-11 Holton Street features separate utilities for each unit, with the Landlord only responsible for water and sewer. The property is situated in an excellent urban location in the heart of the densely populated Allston-Brighton neighborhood of Boston. The property enjoys close proximity to a Star Market and Trader Joe’s, approximately 1.5 miles from Harvard University, MIT, and Boston University, and half a mile from Boston Landing, a 15-acre mixed use development adjacent to the New Balance World Headquarters Building. 9-11 Holton Street is less than half a mile from the MBTA Purple Line Station at Boston Landing. The property is conveniently located near the Massachusetts Turnpike (I-90), Soldiers Field Road and N Beacon Street (US Highway 20), and is a short walk to Western Avenue and N Harvard Street, which feature bus stops on several MBTA Bus Routes.
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.