Lynn, MA Dennis Kelleher, John Pentore and Steven Girolamo of Horvath & Tremblay, have arranged the sale of 81 Whiting St. The apartment building sold for $3 million and a price per unit $142,857.
The property is located in the central park of the city and within walking distance to local and regional public transportation as well as less than a mile to the Lynn Central Sq. Commuter Rail Station. 81 Whiting St. is a brick apartment building consisting of 15 one-bedroom units, 4 two-bedroom units and two three-bedroom units. The property has undergone renovations to common areas, individual apartments and a number of capital improvements. In addition, there is off-street parking for every apartment.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and