616-620 Cambridge Street, East Cambridge, MA 620 Cambridge St 6 Unit Apartment Building $4,499,000 ($749,833/Unit) 6.04% Cap Rate Cambridge, MA 02141

INVESTMENT HIGHLIGHTS
THE ASSET: 616-620 Cambridge Street in East Cambridge is a FULLY OCCUPIED, two-story, mixed-use building (8,201SF) comprised of four (4), 2-Bedroom/1-Bathroom units positioned above two (2), retail units, as follows:
Retail Unit #1: City Liquors--a popular, well established liquor store
New Restaurant Unit #2: Senmi Ramen--tenant built-out new restaurant/new lease. The East Cambridge outlook remains bright as rental demand continues at a steady rate.
PRIME EAST CAMBRIDGE NEIGHBORHOOD: 616-620 Cambridge Street is located in one of the most desirable and supply-constrained urban neighborhoods. The area is characterized by dense residential development, strong demographics, and a vibrant mix of neighborhood retail, dining and within walking distance to many convenience-oriented businesses.