660-674 Cambridge St Cambridge, MA 02141
27 bed / 13 bath / 15,294 Sq. Ft. / 4,356 Sq. Ft., 0.1 acres lot size / Multi-Family
Status: Sold
Listing Courtesy of: Dennis Kelleher - Horvath & Tremblay +1 781 776 4000
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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.
property details
Type
Multi-Family
Status
Closed
County
Middlesex
Year Built
1992
Beds
27
Full Baths
13
Sq. Ft.
15,294
Lot Size
4,356 Sq. Ft., 0.1 acres
Listing Id
73253406
Courtesy Of
Dennis Kelleher - Horvath & Tremblay +1 781 776 4000
List Office Phone
+1 781 776 4000
Interior Features
Appliances
Washer
Dryer
Dryer
Living Area Units
Sq. Ft.
Rooms Total
49
Full Baths
13
Bathrooms Total
13
Exterior Features
Roof
Rubber
Lot/Land Description
Other
Parking
On Street
Foundation
Concrete Perimeter
Stories
4
Utility & Building Info
Sewer
Public Sewer
Cooling
Central Air
Water Source
Public Water
Heating
Central
Tax Amount
53046
Building Area Total
15,294 Sq. Ft.
Price Per Sq Ft
$588
Architectural Style
3+ Story
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Price History
| date | event | price | source |
|---|---|---|---|
|
12/16/2024
12/16/2024
|
Sold |
$8,650,000
|
MLSPIN - MLS Property Information Network |
|
07/16/2024
07/16/2024
|
Pending |
$9,000,000
|
MLSPIN - MLS Property Information Network |
|
06/17/2024
06/17/2024
|
Active |
$9,000,000
|
MLSPIN - MLS Property Information Network |
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