August 15, 2022 – Dennis Kelleher, John Pentore and Stephen Girolamo of Horvath & Tremblay have arranged the sale of 2-8 Atlantic Street in Lynn, Massachusetts. Horvath & Tremblay exclusively represented the seller to close the property at a sale price of $1,185,000.
2-8 Atlantic Street is a mixed-use Property in Lynn, Massachusetts. The two-story building contains seven (7) total units, consisting of two (2) retail units, two (2) 2-Bedroom/1-Bathroom units and three (3) 1-Bedroom/1-Bathroom units in 6,815 square feet of living area (10,293 square feet of gross area), on a 0.14-acre parcel. The Property includes five (5) off-street parking spaces. 2-8 Atlantic Street 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 around Lynn’s Central Square. The Property is situated just outside of 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, Atlantic Street is just 0.6 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.