June 4, 2025 – Dennis Kelleher, John Pentore and Jason Kulik of Horvath & Tremblay have successfully completed the sale of a thirty-six-unit multi-family Property in Holbrook, Massachusetts. Horvath & Tremblay exclusively represented the seller and procured the buyer in the transaction. The desirable asset sold for $10,500,000 and $291,667 per unit.
The multi-family property is located at 174 Pine Street in Holbrook, Massachusetts (the “Property”). The Property contains thirty-six (36), 2-Bedroom/1-Bathroom townhouse units with 31,191 square feet of living area in 46,349 square feet of gross area on a 2.49-acre parcel. The Property is comprised of four (4) well-maintained buildings and offers seventy-two (72) on-site parking spaces. The direct entry townhouse units offer full basements with exterior access, ample storage space, individual mechanical systems, and laundry hookups for a washer and dryer. The units are separately metered for electricity, gas fired heat and hot water, and domestic water and sewer. The Property is located along Pine Street in a quiet residential neighborhood in Holbrook’s north end. The Property offers convenient access to the center of Holbrook, municipal offices, area retailers and restaurants, and area schools, as well as access to larger commercial centers in Brockton and at the nearby junction of MA Route 3 and Interstate 93. Additionally, the Property is just 3-miles from the Pleasant Shops, a Whole Foods, Marshalls, and Starbucks anchored shopping center. Public transportation options are easily accessible from the Property via the Kingston Line at South Weymouth MBTA Station. The Property is close to MBTA bus routes on nearby N Franklin Street and Union Street. MA Route 24 (Fall River Expressway) and MA Route 3 (Pilgrims Highway) are both close by. 174 Pine Street offers access to the South Shore’s cities and major areas of employment and is just 18-miles south of 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.