$9,000,000
Pending
38 Days Online
27 Beds13 Baths15,294 SQFT
Pending

660-674 Cambridge St Cambridge, MA 02141

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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 TypeMulti-Family
  • NeighborhoodN/A
  • CountyMiddlesex
  • Taxes$53,046
  • HOA/Condo/Coop Fees$0
  • Days on Site37 Days
  • MLS StatusPending
  • MLS ID Number73253406
  • Home Size Source Public Records
  • Year Built1992
  • Lot Size0.1 Acres
  • Full Baths13
  • Partial BathsN/A

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General Features

  • Parking On Street
  • Parking Spaces 0
  • Sewer Public Sewer
  • Basement Unfinished
  • Number of Stories 4
  • Acreage 0.1
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Concrete Perimeter
  • Zoning BA
  • Compensation Based On Net Sale Price
  • Sub-Agency Relationship Offered No
  • Garage 0
  • Parking Features On Street
  • Electricity Individually Metered

Interior Features

  • Cooling Central Air
  • Heating Central
  • Appliances WasherDryer
  • Fireplaces 0
  • Fireplace No

Exterior Features

  • Roof Rubber
  • Spa No
  • Waterfront Property No
  • Lot Other
  • Lot Features Other

Community Features

  • Community Features Public TransportationShoppingParkWalk/ Jog TrailsMedical FacilityLaundromatHighway AccessHouse of WorshipPrivate SchoolPublic SchoolT- StationUniversityWalk/Jog TrailsT-Station
  • Senior Community No
  • MLS Area Wellington-Harrington
  • Adult Care Community No

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Monthly Payment (Est.)

$43,539
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