May 31, 2016 – Dennis Kelleher and John Pentore, of Horvath & Tremblay, have arranged the sale of 44 Clay Street in Cambridge, Massachusetts. The apartment building closed at a price of $1,360,000.
Located in North Cambridge, 44 Clay Street is situated in a transit-oriented location, steps away from the MBTA Alewife Red Line Station and has easy access to downtown Boston as well as Route 2. Located within a short walking distance is Massachusetts Avenue, which extends form Porter Square to the Arlington boarder and features a variety of local shops, eateries, farmers markets, hip taverns, and young families abound. The Property consist ofidentical three bedroom, one bathroom layouts with (3) detached garage parking spaces. All units are separately metered for gas heat, hot water and electric.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in New England. Our advisors specialize in the sale of apartment buildings and mixed-use properties. We have experience successfully structuring portfolio sales and 1031 exchanges. We 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.