Sold
16 Gore St, Cambridge, MA
Cambridge · MA 02141
- $2,100,000
- Price
- 9
- Beds
- 6
- Baths
- 2840
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1873
Units:
3 Units
Lot size:
2,506 Sq.Ft Lot
Price per square foot:
$775 / Sq.Ft
Parking:
No Parking
About this home
16 Gore Street, a three-unit building, is comprised of all 3-bedroom, 2-bathroom units with 2,840 square feet of living space in 3,790 square feet of total gross area on a 0.06-acre parcel. The building, a 5.31% Cap on Current Income, has been comprehensively renovated with condo-quality finishes and new appliances throughout as well as all new heating and cooling, plumbing and electrical. 16 Gore Street, which is fully sprinklered, is improved by a master lease with Atlas Living, LLC that encompasses the rental of all three units for a fixed annual rent. Atlas Living, LLC is in the fourth year of their five-year lease. The lease features three (3%) percent annual increases and expires on February 29, 2024. The tenant is responsible for heat, hot water and electric as well as cleaning services to the building?s interior.16 Gore Street offers the opportunity to acquire a fully leased, comprehensively renovated, turnkey investment in an exceptional, urban-infill location.
Neighborhood & Transit
16 Gore St, Cambridge · MA 02141
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Lechmere Green 0.07 mi
-
Community College Orange 0.46 mi
Price Insight
- Days on Market:
- 1383 days
- Listing Price:
- $2,200,000
- Price per Sq.Ft:
- $775
- Tax Assessment:
- $1,653,600 in 2023
- Taxes:
- $816 / Monthly
Home Facts
Interior Features
- Bedrooms
- 9
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 2,840 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2840
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Individually Metered
Exterior Features
- Lot Size
- 2,506 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- John Pentore
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73055027
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