August 8, 2025 – Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a three (3) unit multi-family property in Somerville, Massachusetts. Horvath & Tremblay exclusively represented the seller to complete the transaction at a price of $1,850,000.
The multi-family property is located at 67 Wheatland Street in Somerville, Massachusetts. Located in between Somerville’s Winter Hill and Assembly Square neighborhoods, in the path of the Green Line Extension. The Property is improved by a three-story building with three (3) residential units consisting of two (2), 3.5-Bedroom/2-Bathroom units and one (1) 2-bedroom/1-bathroom unit with 3,109 square feet of gross living area in 4,196 square feet of gross area on a 0.09-acre parcel. 67 Wheatland Street is a turn-key Property with condo quality finishes including new hardwood flooring throughout, new kitchens with new cabinetry, quartz and granite (unit 1) countertops, stainless steel appliances, and new bathrooms with modern amenities. The first floor features a forced hot air heating and central air conditioning system, and the second and third floor units have forced hot water baseboard heat. The building has been completely renovated with a new roof, new Hardie Plank siding, new windows, and a freshly paved driveway and rear parking lot with capacity for four (4) cars. The Property is separately metered for heat, hot water and electricity and also features a laundry facility in the basement. 67 Wheatland Street offers convenient access to Interstate 93, Assembly Row, the new Gilman Square Station of the Green Line Extension (0.7-miles), Assembly Station (0.7-miles), and Sullivan Square Station (1-mile). The highly walkable neighborhood offers a multitude of appealing live-work-play amenities, convenient public transportation and highway access, as well as proximity to the nearby commercial centers of Harvard Square, Kendall Square and Downtown Boston.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. 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.