February 7, 2022 – Stephen Girolamo of Horvath & Tremblay has arranged the sale of 85 High Street in Rockport, Massachusetts. Girolamo exclusively represented the seller to close the property at a sale price of $940,000.
The multi-family property is located at 85 High Street in Rockport, Massachusetts. The Property consists of a beautiful three-story multi-family building with a total of five residential units on a secluded, well maintained and landscaped 0.56-acre corner parcel in the center of Rockport, a quiet residential town on the tip of Cape Ann and the shores of Sandy Bay. The building enjoys a classic architectural design with a sprawling covered veranda, wood plank siding, and gable hip asphalt shingle roof. 85 High Street consists of three (3), 1-Bedroom/1-Bathroom units, one (1), 2-bedroom/1-bathroom unit and one (1) Studio unit, with 3,956 square feet of living area in 6,521 square feet of total gross area on a 0.56-acre corner parcel of land. The Property enjoys the traditional features of a Victorian house with dormers, a turret, ornate woodwork throughout the common areas, a fireplace and a stone wall along the perimeter of the front yard. Additionally, the Property features off-street parking for 8 vehicles.
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.