Pending
Under Agreement
660-674 Cambridge St
Cambridge MA, 02141
$9,000,000
$588.47 per sqft
Pending
Under Agreement
27 Beds
13 Baths
15,294 sqft
Multi-family
Built in 1992
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.
73253406
MLSⓇ ID
June 17, 2024
Listed
August 23, 2024
Updated
Map
660-674 Cambridge St
Cambridge MA, 02141
Interior Features
Total Stories
4
Bedrooms
27
Total Bathrooms
13
Full Bathrooms
13
Appliances
Washer, Dryer
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.1 Acres
Lot Features
Other
Roof
Rubber
Sewer
Public Sewer
Other Property Details
Area Name
Wellington-Harrington
Taxes
$53,046
Tax Frequency
Annually
Days on Market
29
Garage
No
Parking
On Street
Parking Total
0
View
No
County
Middlesex
Water Source
Public
Pool
No
Zoning
BA
Listing History
Date | Event | Price |
|---|---|---|
7/16/2024 | Pending | — |
Courtesy of Dennis Kelleher, Horvath & Tremblay
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Data last updated 9:57 AM UTC, 8/23/2024
