Log In/Sign Up
Your email has been sent.
4-Unit Brick Multifamily 602-604 Cambridge st 4 Unit Apartment Building $2,600,000 ($650,000/Unit) 6.16% Cap Rate Boston, MA 02134
INVESTMENT HIGHLIGHTS
- CASH FLOW - fully leased
- LOCATION - excellent rental location in Allston
- CURB APPEAL - recent renovation
- PUBLIC TRANSIT - easy access to MBTA bus and subway lines
EXECUTIVE SUMMARY
602-604 Cambridge Street is a three-story, 4,693 ± SF apartment building improved on a 6,102 ± SF lot. The building contains two (2) large five-bedroom / 2-bath apartments on the 1st and 2nd floor. The top floor is a one-bed / one-bath apartment, and the lower level includes a two-bedroom / one-bath unit. The site also includes a garage with off-street parking for two (2) vehicles. In addition to the garage there is room to park additional vehicles on the lot. The building is fully leased through July 2027.
PROPERTY FACTS
| Price | $2,600,000 | Apartment Style | Low-Rise |
| Price Per Unit | $650,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 6.16% | Building Size | 4,693 SF |
| Gross Rent Multiplier | 12.7 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | Parking Ratio | 1.07/1,000 SF |
| Zoning | M1 - Commercial/multifamily | ||
| Price | $2,600,000 |
| Price Per Unit | $650,000 |
| Sale Type | Investment |
| Cap Rate | 6.16% |
| Gross Rent Multiplier | 12.7 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,693 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1910 |
| Parking Ratio | 1.07/1,000 SF |
| Zoning | M1 - Commercial/multifamily |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 1 | - | - |
| 5+2 | 2 | - | - |
1 1
Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Number | ALLS-000000-000021-001216 | Improvements Assessment | $1,452,000 |
| Land Assessment | $572,500 | Total Assessment | $2,024,500 |
PROPERTY TAXES
Parcel Number
ALLS-000000-000021-001216
Land Assessment
$572,500
Improvements Assessment
$1,452,000
Total Assessment
$2,024,500
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
4-Unit Brick Multifamily | 602-604 Cambridge st
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.