Herrick Lutts Realty Partners, an established commercial and residential real estate firm which has served the North Shore for over 25 years, recently completed the successful sale of a 6-unit brick apartment building located at 51 Lynde Street, Melrose, MA.
Herrick Lutts partner Nick Zolotas is the agent who represented property owner Brancroft Real Estate Trust, for a sale price of $1.9 million. The new owner of the building is O’Hara Properties Three, LLC, of Melrose, MA.
The city of Melrose, located in Middlesex County, has a population of approximately 29,000 people and is located approximately seven miles north of Boston.
“Melrose is an up and coming community,” said Zolotas, adding, “There is always a demand for rental property and we are very pleased to have been able to help with the sale of this property.”
Herrick Lutts Realty Partners specializes in providing services for both commercial and residential real estate transactions. Other recent transactions handled by Herrick Lutts Realty Partners include a three building, 17 apartment transaction in Salem, MA, and the successful leasing of a restaurant, formerly Bertucci’s, in Beverly, MA.
About Herrick Lutts Realty Partners
For more than two decades, Herrick Lutts Realty Partners has served the commercial and residential real estate needs of communities throughout the North Shore and beyond. The agency helps buyers and sellers for both residential and commercial properties, 1031 exchanges, and real estate investors. Led by a team of three partners, the 9-person agency has built a reputation for providing personalized service combined with a strong knowledge of the market. The agency maintains offices at 5 Briscoe Street, Beverly, MA. To learn more about properties that are for sale, or to inquire about listing a property, please visit https://herricklutts.com or call (978) 927-1959.
