News: Owners Developers & Managers

Kelleher and Pentore of Horvath & Tremblay handle $3.8 million sale of an 11-unit apartment building in Watertown, MA

24 Church Street - Watertown, MA

Watertown, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of an 11-unit apartment building. The duo exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $3.8 million, which is $345,455 per unit.

The property, located at 24 Church St., consists of a three-story, brick-style, apartment building containing 11 units in 11,208 s/f of livable area on a 0.21-acre parcel in Watertown Sq. The property features ten one-bedroom/one-bathroom units and one office space that is leased to an acupuncturist.

The property also features an underground parking garage with 10 spaces, and two additional on-site parking spaces, attractive landscaping, separately-metered electricity, individual balconies/patios and coin-operated laundry in the basement for all tenants.

24 Church St. is situated in an urban infill location in an amenity-rich residential neighborhood immediately adjacent to the Watertown Sq. commercial district.

Watertown Sq. is a lively commercial district with numerous retailers, restaurants, nightlife and public transportation options. The location is only six miles from downtown Boston and is appealing to commuters for its proximity to The Mass Pike (I-90), Storrow Dr, and I-95/Route 128.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

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