Cambridge, MA 02141,660-674 Cambridge St
Cambridge, MA 02141,660-674 Cambridge St
Cambridge, MA 02141,660-674 Cambridge St
Cambridge, MA 02141,660-674 Cambridge St
Cambridge, MA 02141,660-674 Cambridge St
Cambridge, MA 02141,660-674 Cambridge St
See all 17 photos

$8,650,000

$9,000,000

3.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

27 Beds

13 Baths

15,294 SqFt


SOLD DATE : 12/16/2024

Key Details

Sold Price $8,650,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 15,294 sqft

Price per Sqft $565

MLS Listing ID 73253406

Sold Date 12/16/24

Bedrooms 27

Full Baths 13

Year Built 1992

Annual Tax Amount $53,046

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Property Description

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.

Location

State MA

County Middlesex

Area Wellington-Harrington

Zoning BA

Direction Please Use GPS

Rooms

Basement Unfinished

Interior

Heating Central

Cooling Central Air

Appliance Washer, Dryer

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Roof Type Rubber

Garage No

Building

Lot Description Other

Story 4

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Horvath & Tremblay
Bought with Siyin Qu • eXp Realty
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At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts, 02176, United States

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