November 22, 2021 – Stephen Girolamo of Horvath & Tremblay has arranged the sale of 55 Estes Street in Lynn, Massachusetts. Girolamo exclusively represented seller and procured the buyer to close the property at a sale price of $910,000.
55 Estes Street is a six (6) unit multi-family property in Lynn, Massachusetts. The three-story building contains six (6) 1-Bedroom/1-Bathroom units in 5,606 square feet of living area (5,283 square feet of gross area), on a 0.076-acre parcel. 55 Estes Street is well-located in a densely populated residential neighborhood equidistant between downtown Lynn and the scenery of Nahant Bay, with convenient access to both local and regional transportation. The Property is situated less than a mile from Central Square, the primary commercial area in Downtown Lynn that offers convenient access to an array of “downtown” amenities, including retail, restaurants, entertainment and public transportation. Additionally, Broad Street is just 0.5-miles from the Central Square – Lynn commuter rail station with services to Boston’s North Station, and 12 miles from 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.