6 7th St | Cambridge, MA 02141
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- LoopNet Team
6 7th St
Cambridge, MA 02141
Quadplex in East Cambridge · Flex Property For Sale
INVESTMENT HIGHLIGHTS
- Central Location: Situated on a quiet street in Cambridge, the property boasts excellent access to public transportation, including the Lechmere T ,
- The current rents are below market rate, presenting an opportunity for investors to increase revenue through strategic rent adjustments upon lease re
- Solid Income Stream: The property is fully leased with a mix of 3-bedroom apartments, providing a predictable and reliable income stream.
EXECUTIVE SUMMARY
Incredible opportunity for condo conversion. Ideal for investors seeking a stable, income-producing asset in a prime location, sitting now at a 4.5% Cap rate, there is an opportunity to bring the units to market price and enjoy a solid 5.5% Cap. Potential for value appreciation through strategic rent adjustments and property improvements.
PROPERTY FACTS
| Property Type | Flex | No. Stories | 2 |
| Rentable Building Area | 3,200 SF | Year Built | 1890 |
| Zoning | C1 | ||
| Property Type | Flex |
| Rentable Building Area | 3,200 SF |
| No. Stories | 2 |
| Year Built | 1890 |
| Zoning | C1 |
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