August 12, 2022 – Stephen Girolamo of Horvath & Tremblay has arranged the sale of 146 Cabot Street in Beverly, Massachusetts. Horvath & Tremblay represented the seller and procured the buyer to close the transaction at a sale price of $700,000.
146 Cabot Street is a mixed-use property in Beverly, Massachusetts. The three-story building contains three units consisting of one (1) retail unit at street level, one (1) 2-Bedroom/1-Bathroom unit and one (1) 1-Bedroom/1-Bathroom unit, in 2,904 square feet of living area (3,768 of total gross area) on a 0.04-acre parcel. The Property features off-street parking and separate utilities. 146 Cabot Street is in an excellent location on Cabot Street, the main street in Downtown Beverly that offers convenient access to an array of “downtown” amenities, including retail, restaurants, entertainment and public transportation. Additionally, Cabot Street is strategically located near the Cummings Center, a major mixed-use complex featuring significant residential, business and retail activities.
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.