660-674 Cambridge St Cambridge, MA 02141
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