September 11, 2014
Auburn investment property sold for $740,000
An Auburn mixed-use building has been sold and will be the new expanded home of Fairway Mortgage, according to Glickman Kovago & Co., which handled the transaction for the sellers.
According to a deed filed on August 29, the building located at 783-785 Southbridge Street was purchased by KAE Enterprises LLC from Millbury-based Blossom investments Inc. for $740,000.
The property was last sold in 2011 to Blossom for Investments for $710,000. It consists of three buildings, a 5,500 square foot office building, a 2,400 square foot renovated barn, and a two-family home that is situated on 1.2 acres.
Fairway Mortgage will relocate from its current offices a 5 Albert Street in Auburn, Glickman Kovago & Co., said.
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