September 10, 2021 – Jason Kulik of Horvath & Tremblay has successfully completed the sale of a 6-unit Multi-Family Property in Whitman, Massachusetts. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $824,000.
The multi-family property is located at 210 Whitman Avenue in Whitman, Massachusetts. The three-story building contains six (6), 1-Bedroom/1-Bathroom Units in 4,905 square feet of living area in 6,605 square feet of gross area on a 0.17-acre parcel. Each unit is separately metered for electricity and gas (heat and hot water), which the tenants pay directly. The property also offers off street parking for six (6) vehicles. 210 Whitman Avenue is well-located in a renter-dominated market and is typically fully occupied with very low historical vacancy. There is a limited supply of multifamily housing in Plymouth County with a high demand for rental units. The Property is located less than 1/2 mile from the Whitman Train Station and enjoys close proximity to the commercial center of Whitman, which offers an abundance of shopping, restaurants and outdoor recreation amenities.
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.