Sale Type: For Sale Ft2: 2,526 Lot Size: 2,018 Ref #: 73567006
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Multifamily Investment Opportunity in well-located East Cambridge! This multifamily property presents an exciting opportunity for investors seeking a renovation project in one of the Boston's most desirable and supply-constrained markets.Owned by the same family for more than 50 years, the property offers the rare combination of long-term ownership, a prime location, and substantial upside through strategic improvements. The three units provide significant opportunity for renovation and modernization and desirable outdoor space that can enhance both tenant appeal and marketability. Investors can capitalize on the property's existing footprint and bring the units to a higher standard, increasing rental income, overall property value, and long-term investment returns.Location, Location, Location! The property is conveniently positioned near some of Cambridge's most sought-after destinations, including:Inman Square,Union Square, Kendall Square and the MBTA Green Line,Cambridge Crossing (CX),King Open School and Donnelly Field,Cambridge Public Library - Valente Branch.Residents benefit from easy access to transportation, restaurants, retail, employment, parks,and schools. Seize the opportunity to acquire a well-located, long-held multifamily asset, invest strategically and benefit from the long-term demand in East Cambridge.
Details
Ft2
2,526
Lot Size
2,018
Tax
$8,118
Listing provided courtesy of Chrisanne Connolly, Wilson Wolfe Real Estate
Cambridge is probably best known for its world-class universities like Harvard University and is the home of many world-class companies and innovators in high-technology, pharmaceuticals, biotechnolog...
Cambridge is part of the Greater Boston area which has good general transportation and excellent public transportation. The cornerstones of the Boston transportation system are the highways, the airpo...
The town of Cambridge is only steps away from the center of Boston and is probably best known for its world-class universities like Harvard University and the Massachusetts Institute of Technology. As...