290 Prospect St | Cambridge, MA 02139
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
290 Prospect St
Cambridge, MA 02139
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- • 2 addresses connected with 3 front Two Bedroom units (290 Prospect Street) and 3 rear One Bedroom units (292 Prospect Street).
- • Total of 9 bedrooms in the building.
- • Currently leased at below-market rental rates, presenting the opportunity to increase net income with minimal additional capital requirements.
- • Units are in turnkey condition.
- • September, 2020 note: 100% occupancy and at present, all Tenants in the building are current with rent payments.
- • See attached brochure. Buyer Agents are welcome and cooperating compensation of 2.5% is offered.
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 6,952 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1900/2001 |
| Zoning | C-1 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.06 AC |
| Building Size | 6,952 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2001 |
| Zoning | C-1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Storage Space
- Heating
- Bay Window
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Range
- Tub/Shower
- Basement
- Double Pane Windows
- Family Room
- Framed Mirrors
- Garden
- Intercom
- Linen Closet
- Office
- Smoke Free
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Gas Range
- Recycling
- Smoke Free
- Trash Pickup - Curbside
- Vintage Building
- Storage Space
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $2,153 | - |
| 1+1 | 3 | $1,795 | - |
PROPERTY TAXES
| Parcel Number | CAMB-000084-000000-000053 | Improvements Assessment | $1,748,900 |
| Land Assessment | $1,344,000 | Total Assessment | $3,092,900 |
PROPERTY TAXES
Parcel Number
CAMB-000084-000000-000053
Land Assessment
$1,344,000
Improvements Assessment
$1,748,900
Total Assessment
$3,092,900
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
