November 17, 2023 – Jason Kulik and Sam Peck of Horvath & Tremblay have successfully completed the sale of four (4) multi-family units in West Bridgewater, Massachusetts. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $775,000.
The multi-family property is located at 25-27 West Street in West Bridgewater, Massachusetts. The two-story building contains four (4) residential units comprised of two (2), 2-Bedroom/1-Bathroom units and two (2), 1-Bedroom/1-Bathroom units with 3,793 square feet of living area in 6,097 total gross square feet. The Property is situated on a 0.28-acre parcel of land with off-street parking available for tenants. 25-27 West Street is separately metered for electricity and gas-fired heat and hot water which the tenants pay directly. The Landlord is responsible for common area electric, domestic water, and septic system maintenance. 25-27 West Street is well-located on a tree-lined residential street in West Bridgewater. There is a limited supply of multi-family property in West Bridgewater and Plymouth County, with high demand for rental units. The Property has a private backyard with green space and is 500 feet from the intersection of West Street and W Center Street (MA Route 106), the area’s primary commercial corridor and 0.5-miles from MA Route 24. The Property is 0.3-miles from a Market Basket, Dunkin’, 7-Eleven, and Boston Tavern. The Property benefits from commuter rail service on the MBTA’s Middleborough/Lakeville line, with direct service to Boston; the Campello Station is located 4-miles from the Property and the Bridgewater Station is 5-miles away. 25-27 West Street is well-located with convenient access to MA Routes 24, 28, 18, 138 and Interstate 495. The Property is 4.5-miles from Bridgewater State University which has a 278-acre campus and is home to more than 9,600 students. The Property is also just 5-miles from Stonehill College which has a 384-acre campus and is home to more than 2,500 students.
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.