Horvath & Tremblay Brokers Sell Mixed-Use Property In South Boston For $3.03M

The mixed-use property at 564 East Broadway in South Boston, MA has been sold for a price of $3,025,000. The transaction took place on February 26, 2021, with Dennis Kelleher, John Pentore, and Mike McCarthy of Horvath & Tremblay acting as the brokers.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: $3,025,000
• Units: 4
• Price Per Unit: $756,250
• Cap Rate: 5.4%

The property is situated in the market of South Boston and features a mix of residential and commercial units. This sale marks a significant transaction in the area, with the property commanding a competitive price. The brokers, Dennis Kelleher, John Pentore, and Mike McCarthy, played a crucial role in facilitating the deal, representing the parties involved throughout the process.