March 23, 2023 – Stephen Girolamo and Spencer Norton of Horvath & Tremblay has arranged the sale of a multi-family property in Lowell, Massachusetts. Horvath & Tremblay represented the seller to complete the transaction at a sale price of $660,000.
The multi-family property is located at 22-24 Floyd Street in Lowell, Massachusetts. The property consists of four (4) residential units with 5,068 square feet of gross area on a 0.1-acre corner parcel with a well-manicured, private backyard. The property is well located in a densely populated residential neighborhood immediately south of downtown Lowell along the concord River. The location offers convenient highway access and is walking distance to numerous neighborhood amenities and public transportation options. The property is 0.6-miles from Lowell’s MBTA Commuter Rail Station.
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.