October 3, 2023 – Stephen Girolamo, Bob Horvath, Todd Tremblay and Jack Laurendeau of Horvath & Tremblay have arranged the sale of 122-124 Chestnut Street in Lynn, Massachusetts. Horvath & Tremblay exclusively represented the seller and procured the buyer to close on the property at a sale price of $640,000.
122-124 Chestnut Street is a three-story multi-family building and contains four (4) units comprised of two (2), 4-Bedroom/1-Bathroom units and two (2), 2-Bedroom/1-Bathroom units with 4,611 square feet of living area in 7,013 square feet of total gross area on a 0.162-acre parcel of land. The Property also features on-site parking. 122-124 Chestnut Street is well-located in a densely populated residential neighborhood just northeast of downtown Lynn, with convenient access to both local and regional transportation, as well as retail amenities around Lynn’s Central Square. The Property is located 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, The Property is 0.7-miles from the Central Square commuter rail station with services 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.