Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

660-674 Cambridge St

Wellington-Harrington - Cambridge, MA ID #73253406

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660-674 Cambridge St

Wellington-Harrington - Cambridge, MA ID #73253406

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Area: Wellington-Harrington
  • Zip Code: 02141
  • Taxes: 53,046
  • Living Levels: 4
  • Acres: 0.10
  • Buying Broker Compensation: 1.5%

Parking

  • Parking: On Street

Rooms/Dimensions

  • Total Units: 14
  • Total Floors: 4
  • Total Rooms: 49

Location

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660-674 Cambridge St, Cambridge, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Dennis Kelleher of Horvath & Tremblay. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.