$1,500,000

About this home

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.

Property details

MLS #

73567006

Property type

Home

Year built

1902

Interior

2,526 ft2

Status

Active

Listed by

Boston Realty

Listed 3 days ago

Facts & features

Location