News: Front Section

Benton of Horvath & Tremblay sells three multifamily properties in Framingham, MA for $2.248 million

72-R Clark Street - Framingham, MA

Framingham, MA Ryan Benton of Horvath & Tremblay has completed the sale of three multifamily properties for a total of $2.248 million. The apartment buildings, all four-unit assets, included 72-R Clark St., 308 Hollis St. and 30 Chestnut St.

72-R Clark St., selling for $785,000, is a four-unit multifamily property containing three two-bedroom/one-bathroom units and one three-bedroom/one-bathroom unit in 4,617 s/f (9,458 gross s/f) spread over two floors and sits on 0.16 acres of land. The property is a short walk from the commercial center at the intersection of Waverly and Concord St., with access to area highways and public transport.

308 Hollis Street - Framingham, MA

Benton also exclusively represented both the seller and the buyer in the sale of 308 Hollis St., another four-family property. The transaction closed at a price of $853,000. The two-story building consists of two one-bedroom/one-bathroom units, one three-bedroom/one-bathroom unit, and one two-bedroom/one-bathroom unit in 3,109 s/f of living area (in 5,672 s/f of gross area) on a 0.23-acre parcel and includes parking for nine vehicles.

30 Chestnut St., which sold for $610,000, is a four-unit multifamily building consisting of two two-bedroom/one-bathroom units, one one-bedroom/one-bathroom unit, and one studio unit in 2,853 livable s/f (4,311 gross s/f) spread over three floors and sits on 0.15 acres of land. 30 Chestnut St. is well-located in the desirable Saxonville neighborhood with access to all the amenities the area has to offer.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary