April 27, 2023 – Ryan Benton of Horvath & Tremblay has arranged the sale of a 4-unit multi-family building in Ayer, Massachusetts. Benton exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $500,000. The multi-family property is located at 42 Cambridge Street in Ayer, Massachusetts. The three-story building contains four (4) residential units consisting of two (2), 2-Bedroom/1-Bathroom units and two (2) 1-Bedroom/1-Bathroom units with 2,834 square feet of living area in 3,684 square feet of gross area on a 0.2-acre parcel. 42 Cambridge Street is well-located on a quiet tree-lined residential street in the center of Ayer with excellent access to all the amenities the area has to offer. The Property is a short walk from the downtown retail area along Main Street, the Ayer Train Station (MBTA Fitchburg Line) and is less than 1-mile from the rotary at the interchange of MA Route 2A and MA Route 111, with convenient access to area highways and public transportation. There is a limited supply of multifamily housing in Ayer, which benefits from a more rural feel and significantly lower property taxes than the surrounding cities of Leominster and Fitchburg, MA. Additionally, the area offers restaurants and outdoor recreation amenities as well as close proximity to the larger neighboring cities of Leominster and Fitchburg. 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.