Description
81-91 Winter St is an excellent opportunity to acquire a fully leased investment property with significant upside in an exceptional, urban-infill location at a 5.41% Cap Rate on current income. The highly-walkable East-Cambridge location is a short walk from the Green Line at the New Lechmere Station (0.3 miles), Cambridge Crossing, Kendall Square, MIT, MGH and Downtown Boston. 81-91 Winter St consists of 3 adjacent multi-family buildings and 1 private parking lot with 4 spaces. The Property contains a total of thirteen units, comprised of one Studio unit, two 1-Bedroom/1-Bathroom units, four 2-Bedroom/1-Bathroom units, one 3-Bedroom/1-Bathroom unit, four 3-Bedroom/3-Bathroom townhouse units, and one 4-Bedroom/2-Bathroom unit. All of the units are separately metered for heat, hot water and electric. Both 83 and 85-87 Winter Street have new roofs and new siding, as well as new heating systems throughout (individual boilers and gas meters) in addition to renovated units.
Location
Similar Listings
$10,000,000
9
18
15,789 Sq ft
ACTIVE
MLS# 73083938
$6,690,000
4
5
2,780 Sq ft
ACTIVE
MLS# 73076960
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.
Privacy Policy Notice: All information collected voluntarily from you will be used to personalize your experience, improve our website and improve our customer service. This information will not be shared with any other third persons or entities. Updated: 30th March, 2023 11:42 AM (UTC)
Privacy Policy Notice: All information collected voluntarily from you will be used to personalize your experience, improve our website and improve our customer service. This information will not be shared with any other third persons or entities. Updated: 30th March, 2023 11:42 AM (UTC)
Attribution contact: 781-776-4000 | 781-776-4004
Listing Agent: John Pentore
Listing Office: Horvath & Tremblay
