2 Hingham St - Apartments FOR SALE


Cambridge, MA 02138- Riverside
$6,250,000 USD
617-821-5889
2 Hingham St, Cambridge, MA for Sale
$6,250,000 USD
Apartments - FOR SALE
1/17
null | 5% Cap Rate

2 Hingham St
Cambridge, MA 02138
Riverside


HIGHLIGHTS

  • Excellent location for tenants
  • Versatile unit options
  • Turnkey investment property

OVERVIEW

RARE OPPORTUNITY! INVESTOR’S DREAM! TURNKEY EIGHT-UNITS PROPERTY W. EXCELLENT LOCATION AND HIGH RENTAL INCOME! This 3 level GEM nestles at a corner lot between Hingham St and Putnam Ave, including four townhouse-style units facing Hingham St, and four studio units with access from Putnam Ave. Each townhouse unit offers 3 levels of comfort living, first level features open concept living, dining area, kitchen and a half bathroom. Second floor hosts two bedrooms, and a fullbathroom w. laundry unit. Top level boasts two bedrooms, including a master ensuite. Each studio apartment w. separated entrance features full kitchen and bathroom. All units are under leasing cycles as August 31st, w. total monthly rental income$32,450. Steps away from Charles River, Harvard Business School, Harvard Main Campus, near MIT, walking distance to Red Line Central Station, and quick access to Storrow Dr. and I90. Don’t miss out on this Rare Opportunity!

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$766 USD /SF

# OF UNITS

8

PRICE/UNIT

$781,250

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

C3

APN/PARCEL ID

CAMB-000130-000000-000014

ASK ABOUT THIS PROPERTY

Nathan LongColdwell BankerMore Info
617-821-5889

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Nathan LongColdwell BankerMore Info
617-821-5889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.