Listing ID: 54656

Business Overview

East Cambridge Rare offering of a 2-story mixed use building located on a highly visible corner on Cambridge St.
surrounded by trendy shops and restaurants. The 4 residential units on the second floor rent for $10,600 a month
combined. The modern apartments are all two-beds with stainless appliances and central a/c. Currently leased through August 2022. On the street level are 2 commercial rental units; one is a shared office space and the other is a liquor store. They rents are $7K for liquor store and $4k for the office per a month. The commercial spaces are triple net. There is a basement that spans the entire length of the building. The soon-to-finished Lechmere Green Line Station, along with the massive newly-built North Point mixed-use development is right up the street, and ever-popular Inman Sq is just as close in the other direction. Gross rent is 259,600.00 yearly but commercial tenants pay their share of taxes, ins and water.
Residential/commerical units pay their own utilities

Financial

Seller Financing Available

  • Asking Price: $4,650,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1950

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A