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June 4, 2025 – Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a three-unit multi-family Property in East Boston, Massachusetts. Horvath & Tremblay exclusively represented the seller in the transaction. The desirable asset sold for $675,000.
The multi-family property is located at 26 Eutaw Street in East Boston, Massachusetts (the “Property”). The Property is improved by a three-story building and contains a total of three units, consisting of one (1), 1-Bedroom/1-Bathroom unit and two (2), 2-Bedroom/1-Bathroom units with 2,280 square feet of living area in 3,328 square feet of gross area on a 0.03-acre parcel. Each unit features a laundry hook-up and a back porch. In-place rents are below the current market rent for comparable units in the area, offering the potential to raise rents and increase current revenue through programmatic upgrades of the unrenovated unit interiors. 26 Eutaw Street is situated in an exceptional urban location in East Boston, with excellent access to local and regional transportation, as well as Boston’s Logan Airport. The Property is located in the Eagle Hill sub-district of East Boston and near Central Square, one of the primary commercial areas in East Boston that offers convenient access to an array of urban amenities, including retail, restaurants, entertainment and public transportation. Additionally, the Property is just 0.6-miles from the Airport Transit Station and 0.7 miles from the Maverick Transit Station, which offers service on the MBTA Blue Line and serves as a transfer point to various buses.
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.