May 1, 2017 – Dennis Kelleher and John Pentore, of Horvath & Tremblay, have arranged the sale of a multi-family property located at 250-252 River Street in Waltham, Massachusetts for $950,000.
250-252 River Street is a 4-unit apartment building with an attractive unit mix of (2) two bedroom+, one bathroom units and (2) three bedroom, one bathroom units. Each unit is separately metered for gas heat, hot water and electric utilities. There are also 8 off street parking spaces available for tenants. The property is located in close proximity to Main and Moody Street and is within ½ mile to the Waltham Commuter Rail. Waltham, located in Middlesex County, is a vibrant town, just 9 miles west of Boston. Prominent developments, The Merc at Moody and Main and 1265 Main have helped revitalize downtown Waltham and along the 128 Corridor respectively. Only a few short miles from the Mass Pike, the cities convenient location along 128 gives residents easy access to downtown Boston and surrounding communities.
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.