March 30, 2023 – Stephen Girolamo of Horvath & Tremblay has arranged the sale of 17 Pleasant Street in Rockport, Massachusetts. Girolamo exclusively represented the buyer to close the property at a sale price of $2,500,000.
The multi-family property, also known as the Pleasant Hill Inn, is located at 17 Pleasant Street in Rockport, Massachusetts. The Property consists of three buildings totaling 5,000 square feet situated on a secluded, well maintained and landscaped 0.58-acre parcel of land. The Property features a beautiful three-story Victorian with 12 bedrooms and 6 bathrooms, a Cape House with 3 bedrooms and 3 full bathrooms, and a Carriage House with 2 Bedrooms and 2 bathrooms. The Property enjoys the traditional features of a Victorian house with a covered veranda, wood plank siding, dormers, a turret, ornate woodwork throughout the common areas, a fireplace, and gable hip asphalt shingle roof. Rockport is a small affluent town located north and east of Gloucester, Massachusetts. The Property is within walking distance of the Rockport Train Station, the town center, Rockport Harbor and several area beaches like Front Beach and Back Beach Landing. The Property proves to be a desirable summer location, as occupants are within walking distance of several other local beaches.
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.