Cambridge St

13 Bedroom Real Estate has been listed for sale at 604 - 602 Cambridge St in Boston for $2,600,000. Chat with a local expert, book a tour.

Boston

602 Cambridge St

604 - 602 Cambridge St, For Sale in Boston - eXp Commercial Brokerage

602-604 Cambridge Street is a large 4-unit brick apartment building. Fully leased through July 2027. Attractive 6.2% cap rate based on current rents and projected expenses. Recent upgrades have been made throughout the units, and the building includes off-street parking and a garage. Great location in Allston, just steps from public transportation, this is a prime opportunity for a 1031 exchange, portfolio expansion, or a turnkey cash-flow asset. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFORMATION

602-604 Cambridge Street is comprised of two 5-Bedroom/2-Bathroom units, one 2-Bedroom/1-Bathroom unit, and one 1-Bedroom/1-Bathroom unit. The building has been well maintained and features large kitchens with dishwashers and garbage disposals. 602-604 Cambridge Street features separate electric and heat for each unit, with the Landlord responsible for common area electric, hot water, and domestic water and sewer. Additionally, four off-street parking spaces are offered for tenants, including two garage stalls, which are rented at $250/month/stall. The Property also has two coin operated laundry machines, as well as an individual storage bay for each unit in the basement. 604 Cambridge Street offers the opportunity to acquire a well-located asset in one of the strongest real estate markets, and is ideal for a potential buyer looking for income growth and strong investment returns.

604 - 602 Cambridge St, Boston, MA

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