Multi-Family for Sale: 660-674 Cambridge St, Cambridge, MA 02141 SOLD

27 beds
13 full baths
15,294 sqft
$8,650,000
$8,650,000
660-674 Cambridge St, Cambridge, MA 02141 SOLD
27 beds
13 full baths
15,294 sqft
$8,650,000
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Selling Price: $8,650,000
Original List Price: $9,000,000
Sold at 96.1% of list price
Sold Date: 12/16/2024

Type Multi-Family
Beds 27
Total Baths 13 full baths
Square Feet 15,294 sqft
Lot Size 0.10 acres
Year Built 1992

City Cambridge
County Middlesex

MLS 73253406
Status Closed
DOM 182 days
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.

Lot & Building Features

Appliances Dryer, Washer
Cooling Central Air
Heating Central
Sewer Public Sewer
Tax Year 2024
Taxes Paid $53,046
Water Public
Foundation Concrete Perimeter
Roof Rubber
Full Baths 13
Parking On Street
Total Rooms 49
Basement Feature Unfinished
Garage Spaces 0

Price History of 660-674 Cambridge St

Date Name Price Difference
06/17/2024 Listing Price $8,650,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 660-674 Cambridge St, Cambridge, MA

Location Map Street View
Photo of Paula Filias
Paula Filias
Realtor
Direct: 978-479-0157
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Horvath & Tremblay, Dennis Kelleher
Sold by eXp Realty, Siyin Qu
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Horvath & Tremblay

The property listing data and information 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 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 set forth herein.