April 1, 2022 – Stephen Girolamo of Horvath & Tremblay has arranged the sale of 37 Walnut Avenue in Revere, Massachusetts. Girolamo represented the buyer to close the property at a sale price of $2,870,000.
37 Walnut Avenue is a multi-family property in Revere, Massachusetts. The three-story brick building contains twelve (12) units comprised of six (6), 1-Bedroom/1-Bathroom units and six (6), studio units in 6,300 square feet of living area on a 0.24-acre parcel and offers ample off-street parking. The Property is located in a highly sought-after residential neighborhood centered in between Revere Beach and Route 1A. The area offers pristine beaches within walking distance, proximity to area schools, public transportation options within walking distance and countless area amenities. Located just 5 miles north of Boston, the Property offers convenient access to the city and all of the North Shore via nearby US Route 1 and MA Routes 107 and 1A. Public Transportation is also easily accessed via the Revere Beach MBTA T-Station (0.2-miles) with service on the blue line and several Bus Routes in Downtown Revere. The Property also offers convenient access to Interstate 93 and 90 (The Massachusetts Turnpike).
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.