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660-674 Cambridge St, Cambridge, MA

Cambridge · MA 02141

$8,650,000
Price
27
Beds
13
Baths
15294
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1992
Units: 14 Units
Lot size: 4,356 Sq.Ft Lot
Price per square foot: $588 / Sq.Ft
Parking: No Parking

About this home

660-674 Cambridge St consists of a turnkey, four-story, brick building with fourteen units comprised of three 3-Bed/1-Bath units, eight 2-Bed/1-Bath units, two Studio units, and one commercial unit (Gufo ? an Italian Restaurant and Bar). The residential units contain condo quality finishes, and an on-site laundry facility is available for the tenants. All apartments are separately metered for electricity, heat, and A/C which the tenants pay for directly. The Landlord pays for water & sewer for the residential units. Gufo commenced a 10-year lease in December of 2022, and has 8+ years remaining on their double net lease with one 5-year renewal option. Gufo?s lease features attractive annual rent increases, and they reimburse their pro-rata share of all operating expenses. 660-674 Cambridge Street offers the opportunity to acquire a fully leased, turnkey investment in an exceptional, urban-infill location and is ideal for a potential buyer looking for income growth and strong returns.

Neighborhood & Transit

Wellington-Harrington

660-674 Cambridge St, Cambridge · MA 02141

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Union Square Green 0.45 mi

Price Insight

Days on Market:
870 days
Listing Price:
$9,000,000
Price per Sq.Ft:
$588
Tax Assessment:
$7,179,800 in 2024
Taxes:
$4,421 / Monthly

Home Facts

Interior Features

Bedrooms
27
Full Bathrooms
13
Half Bathrooms
0
Living Area
15,294 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
15294
Flooring
Unknown
Lead paint
None

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Individually Metered

Exterior Features

Lot Size
4,356 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Brick
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Dennis Kelleher
Listing office
Horvath & Tremblay
MLS PIN #
73253406
Disclosure
Total Monthly Rent is $53,669. $32,767 is the maximum input allowed by MLS