November 13, 2023 – Stephen Girolamo of Horvath & Tremblay has arranged the sale of 21 Whiting Street in Lynn, Massachusetts. Horvath & Tremblay represented the seller and procured the buyer to close on the property at a sale price of $1,850,000.
The Multi-family Property is located at 21 Whiting Street in Lynn, Massachusetts. The Property is improved by a four-story multi-family building with eight (8), 3-Bedroom/1-Bathroom units with 7,560 square feet of living area on a 0.14-acre parcel of land. 21 Whiting Street is separately metered for electricity which the tenants pay. The Landlord pays for oil-fired heat and hot water, and domestic water and sewer. The Property includes ample on-site parking for the residents. The Property is located on Whiting Street just minutes from Routes 1A and 107. Multiple MBTA bus routes, including 424, 426, 436, 442, 450 and 455 stop near the Property, providing convenient local access throughout the North Shore including to the nearby Commuter Rail Stations. Commuter Rail Service to Boston is available 0.8 miles from the Property at the Central Square commuter rail station. The Property is positioned in the center of Downtown Lynn and is walkable to numerous dining, drinking, shopping, cultural and entertainment amenities including the Market Basket, Stop & Shop, Central Square, and North Shore Community College.
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.