August 11, 2020 – Ryan Benton, Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a 6-unit Multi-Family property in Worcester, Massachusetts. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $650,000.
47 Benefit Street is a six-unit multi-family building in Worcester, Massachusetts. The building contains four (4), 2-Bedroom/1-Bathroom units and two (2), 1-Bedroom/1-Bathroom units in 6,936 livable square feet (10,158 gross square feet) spread over three floors and sits on 0.21 acres of land. 47 Benefit Street has been well maintained and is separately metered for gas fired heat, hot water, and electricity. The Property is well located in a densely populated residential neighborhood on the edge of downtown Worcester. The property enjoys a transit-oriented location, approximately ½-mile from the WRTA Bus Line and 1-mile from Worcester’s Union Station with service on the Framingham/Worcester commuter rail, and service for Amtrak. The location also offers convenient access to Routes 29, 42, 19, 27 and 33 as well as Interstate 290.
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.