Somerville, MA Dennis Kelleher and John Pentore of Horvath & Tremblay, have arranged the sale of three multi-family properties in the city for $3.905 million. The apartment buildings are located at 83 Newton St., 127 Hudson St. and 42 Gorham St.
The first property, 83 Newton St., is situated in an urban location, close to the Cambridge border. The property is centrally located and within walking distance to Union Sq., Inman Sq. and Harvard Sq.
127 Hudson St. is situated in the Spring Hill neighborhood of the city and located near Davis Sq. and Porter Sq.
The Gorham St. multi-family is located in the Davis Sq. neighborhood. Davis Sq. has become a sought-after location for young professionals and families to live and work. The area is lined with restaurants, cafes, and entertainment venues, blending the convenience of urban living with residential appeal. It is also located less than 5 minutes to the Davis Sq. T Station.
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.