News: Front Section
Posted: January 6, 2017
Kelleher and Pentore of Horvath & Tremblay arrange $3.8 million sale of 6 Blair Place
Dennis Kelleher, Horvath & Tremblay
John Pentore, Horvath & Tremblay
Cambridge, MA Dennis Kelleher and John Pentore, of Horvath & Tremblay, have arranged the sale of 6 Blair Place. The apartment building closed at a price of $3.8 million, a price per s/f of $337.
Situated in one of the strongest rental apartments in New England, 6 Blair Place is a desirable, 12-unit, brick apartment building located outside of Porter Sq. The property offers a unit mix of 8 one-bedroom/one bathroom units and 4 two-bedroom/one bathroom units. The building has central heat and hot water, with only the electric individually metered. There are 13 off street parking spaces available for tenants. Attracting residents to this area is the access to the MBTA Alewife Red Line Station along with access to downtown Boston. Located within walking distance is Massachusetts Ave., which extends form Porter Sq. to the Arlington boarder and features a variety of local shops, eateries, farmers markets, taverns, and young families abound.
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 and mixed-use properties. 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.
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