March 28, 2025 – Stephen Girolamo, Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a 9-unit multi-Family property in Lynn, Massachusetts. Horvath & Tremblay represented the seller and procured the buyer to complete the transaction at a sale price of $1,950,000 and $325,000 per unit.
7-9 Holland Avenue is a multi-family building in Lynn, Massachusetts. The three-story building contains six (6), 1-Bedroom/1-Bathroom units and three (3), 2-Bedroom/1-Bathroom units with 8,493 square feet of living area in 11,468 square feet of gross area on a 0.13-acre parcel. The Property also features on-site parking for eleven (11) vehicles. 7-9 Holland Avenue is well-located in a densely populated residential neighborhood adjacent to downtown Lynn, with convenient access to both local and regional transportation, as well as retail amenities within walking distance and around Lynn’s Central Square. The Property is within 0.2-miles from Market Basket, 0.9-miles from Stop & Shop and is just 1.3-miles from Central Square, the primary commercial area in Downtown Lynn that offers convenient access to an array of “downtown” amenities, including retail, restaurants, entertainment and public transportation. Additionally, the Property is just 1.3 miles from the Central Square commuter rail station, with service to Boston’s North Station, and 11 miles from Downtown Boston.
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.