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Owners Developers & Managers
Posted: August 7, 2020
Kelleher and Pentore of Horvath & Tremblay handle $3.55 million sale of two adjacent multifamily buildings in Cambridge
Cambridge, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of two adjacent multifamily buildings totaling eight units. Kelleher and Pentore represented the seller, longtime owner Frazier S. Proffitt, and buyer, Koskores Real Estate Corp. Established in 2009, Koskores Real Estate (KRE) specializes in value-add investment and development located in the Cambridge/Somerville Markets.
31-33 Gore St. consists of two, value-add apartment buildings containing a total of eight units with shared off-street parking.
31 Gore St. is a three-story building containing six, two-bedroom/1-bathroom units in 5,088 s/f of living area and 6,799 s/f of gross area.
33 Gore St. is a 2.5 story building containing one, one-bedroom/one-bathroom unit and one, three-bedroom/one-bathroom unit in 1,496 s/f of living area and 2,660 s/f of gross area.
The two buildings have a combined 0.34 acres of land with a shared driveway and off-street parking. The property is well-located in the high-density, urban-infill East Cambridge neighborhood.
The highly-walkable location is near the Green Line at Lechmere Station, Cambridge Crossing, Kendall Sq., MIT, Mass General Hospital, the Charles River Esplanade and Downtown Boston.
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