August 26, 2020 – Mike McCarthy of Horvath & Tremblay has successfully completed the sale of a 4-unit Multi-Family building in Roxbury, Massachusetts. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $1,650,000, which is $412,500 per unit.
19 Perrin Street is a fully renovated, three-story building containing a total of four (4) condo units, each of which are 4-Bedroom/1-Bathroom units in 4,144 square feet of living area (6,158 square feet of gross area) on a 0.14-acre parcel in Roxbury, Massachusetts. The Property is in turn-key condition and has been recently upgraded with modern finishes including granite countertops, stainless steel appliances, hardwood floors and a new HVAC system. Each unit features a spacious layout with eat-in kitchens and in-unit amenities including laundry, central air, dishwashers, and garbage disposals. The Property also includes off-street parking for seven cars. 19 Perrin Street is well located on a residential side street in Nubian Square, the primary commercial center of the Roxbury neighborhood of Boston. The property offers convenient access to numerous amenities and public transportation options. 19 Perrin Street is in a densely populated, urban in-fill location; an impressive 473,500 + people live within a 3-mile radius of the Property with an average household income of $108,729.
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.