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1110 Massachusetts Ave 5 Unit Apartment Building $4,000,000 ($800,000/Unit) Cambridge, MA 02138
Executive Summary
Avison Young is pleased to offer for sale 1110 Massachusetts Avenue, a mixed-use residential apartment building with street-level retail that is situated in a generational location only steps from Harvard Square and the campus of prestigious Harvard University. The well-maintained building has been continually updated and renovated over the years, and the unit mix includes a generous lower-level studio, two 2-bed 1-bath units, one 2-bed 1.5-bath duplex, and one street-level retail unit.
1110 Massachusetts Avenue features an ideal location between Cambridge's Harvard and Central Squares, where residents benefit from a plethora of dining, shopping and entertainment options just a short walk away. The Harvard MBTA red line station is only a five-minute walk from the property, providing ease of comminuting throughout Cambridge and Greater Boston.
1110 Massachusetts Avenue is 100% leased, and provides the versatility for the next owner to continue to generate cash flow and mark-to-market is current below market rents, or take advantage pf the soaring condo market in Cambridge and sell-off the units as individual condominiums. For more information and to access the full offering memorandum with rent-roll, financials, and floor plans, please visit http://www.1110massave.com/
1110 Massachusetts Avenue features an ideal location between Cambridge's Harvard and Central Squares, where residents benefit from a plethora of dining, shopping and entertainment options just a short walk away. The Harvard MBTA red line station is only a five-minute walk from the property, providing ease of comminuting throughout Cambridge and Greater Boston.
1110 Massachusetts Avenue is 100% leased, and provides the versatility for the next owner to continue to generate cash flow and mark-to-market is current below market rents, or take advantage pf the soaring condo market in Cambridge and sell-off the units as individual condominiums. For more information and to access the full offering memorandum with rent-roll, financials, and floor plans, please visit http://www.1110massave.com/
Property Facts
| Price | $4,000,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $800,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.03 AC |
| No. Units | 5 | Building Size | 5,495 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1880 |
| Zoning | O-2, Cambridge | ||
| Price | $4,000,000 |
| Price Per Unit | $800,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.03 AC |
| Building Size | 5,495 SF |
| No. Stories | 5 |
| Year Built | 1880 |
| Zoning | O-2, Cambridge |
Amenities
Site Amenities
- Property Manager on Site
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (80)
Bike Score®
Biker's Paradise (96)
Property Taxes
| Parcel Number | CAMB-000133-000000-000031 | Improvements Assessment | $1,782,500 |
| Land Assessment | $1,233,300 | Total Assessment | $3,015,800 |
Property Taxes
Parcel Number
CAMB-000133-000000-000031
Land Assessment
$1,233,300
Improvements Assessment
$1,782,500
Total Assessment
$3,015,800
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1110 Massachusetts Ave
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