October 29, 2018 – Jason Kulik of Horvath & Tremblay has arranged the sale of 6 Fruit Street in Worcester, Massachusetts. Kulik represented the 1031 exchange buyer to close the 7-unit at a sale price of $600,000 and a price per unit of $85,714.
The fully occupied, 7-unit multi-family property is comprised of 3, three-bedroom units, and 4, two-bedroom units. The Property is located in the Piedmont -Main Middle neighborhood of Worcester and is within 2.3 miles of Worcester State University.
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.