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68 Gore St 68 Gore St 3 Unit Apartment Building $1,675,000 ($558,333/Unit) 5.94% Cap Rate Cambridge, MA 02141

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INVESTMENT HIGHLIGHTS

  • Dynamic Cambridge Location
  • Strong Demographics
  • Transit Oriented Location

EXECUTIVE SUMMARY

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multifamily investment property located at 68 Gore Street in Cambridge, Massachusetts (the “Property”). Situated in an incredible highdensity, urban-infill, East Cambridge neighborhood, the highly walkable location is a short walk from Kendall Square, Inman Square, the Green Line at the Union Square Station, MIT, MGH, the Charles River Esplanade, and Downtown Boston. 68 Gore Street is a three-story multi-family building that contains a total of three (3) units, comprised of one (1) 3-Bedroom/1-Bathroom unit and two (2) 2-Bedroom/1-Bathroom units with 2,889 square feet of living space in 3,705 square feet of total gross area on 0.04-acres of land. Each of the units are separately metered for heat (gas – FHW), hot water, and electric. The opportunity exists to upgrade the units with modern amenities and to convert a 2-Bedroom unit to a 3-Bedroom unit to drive income at the Property by bringing rents up to market rates. Additionally, the Property offers off-street parking and on-site laundry for residents. 68 Gore Street offers the opportunity to acquire an investment Property in an exceptional, urban-infill location with future upside. The subject property is ideal for a potential buyer looking for an attractive value-add opportunity with income growth and strong investment returns. The Cambridge submarket continues to accelerate thanks to continued commercial and infrastructure development in the area and rents are expected to rise over the coming years.

PROPERTY FACTS

Price $1,675,000
Price Per Unit $558,333
Sale Type Investment
Cap Rate 5.94%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.04 AC
Building Size 2,889 SF
Average Occupancy 100%
No. Stories 3
Year Built 1885
Zoning C-1

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 - -
3+1 1 - -
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (88)
Bike Score®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37841395

  • Date on Market: 9/26/2025

  • Last Updated:

  • Address: 68 Gore St, Cambridge, MA 02141

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