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68 Gore St

Cambridge, MA 02141
  • $1,665,000
  • STATUS: Active
  • MLS #: 72966508
UPDATED: 45 min ago
$1,665,000
  • 7
    BEDS
  • 0.04
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,913
    SQFT
  • $572
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1885
County:

School Ratings & Info

Listing courtesy of Ramsay And Company of Leading Edge Real Estate.

Description

Attention Cambridge real estate investors, this property is prime for a long term hold or condo conversion. Large three family currently being re leased for 9,000+- Incredible location, less than a half mile to the center of Cambridge Crossing, only .2 of mile away from Lechmere, and a direct shot into Boston. Quick cleanup of the units would allow for a strong long term hold and solid CAP rate, or condo conversion with expected 2.8M sellout based on average price per SF of recent sales. First and second floor two bedrooms could be converted to three bed units similar to the third floor. Separate hot water heaters, gas boilers and electric. 2011 roof and one car parking in front.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-06-25T13:10:09.827.
www.revrealtyma.com/homes/127674454
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68 Gore St Cambridge, MA 02141

  • Price: $1,665,000
  • Status: Active
  • On Site: Days
  • Updated: 45 min ago
  • MLS #: 72966508
7
Beds
3
Baths
0
½ Baths
0.04
Acres
2,913
SQFT
$572
$/SQFT
1885
Built
Neighborhood:
East Cambridge
County:
Middlesex
Area:
East Cambridge
Property Description
Attention Cambridge real estate investors, this property is prime for a long term hold or condo conversion. Large three family currently being re leased for 9,000+- Incredible location, less than a half mile to the center of Cambridge Crossing, only .2 of mile away from Lechmere, and a direct shot into Boston. Quick cleanup of the units would allow for a strong long term hold and solid CAP rate, or condo conversion with expected 2.8M sellout based on average price per SF of recent sales. First and second floor two bedrooms could be converted to three bed units similar to the third floor. Separate hot water heaters, gas boilers and electric. 2011 roof and one car parking in front.
Exterior Features

Beachfront No Construction Frame Exterior Vinyl Foundation Poured ConcreteFieldstone Lot Description Paved Drive Parking Features Off-StreetOn Street Permit Parking Spaces 1 Roof Material Rubber Waterfront Flag No Waterview Flag No

Interior Features

Appliances Common WasherDryer Basement Yes Basement Features PartialUnfinished Basement Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 3 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring WoodTileLaminateHardwood Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Units 3 Hot Water Propane Gas Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 2 Rooms 12 Rooms Unit1 4 Rooms Unit2 4 Rooms Unit3 4

Property Features

Adult Community No Amenities Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityLaundromatHighway AccessHouse Of WorshipPublic SchoolT-StationUniversity Apod Available Yes Assessments 1296700.00 Disclosure No Disclosures Property Sold As is. Electric Features 100 Amps Expenses Source Estimated Gross Operating Income 36 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lender Owned No Multifamily Type 3 Family Net Operating Income 101580 Rent Unit1 2600 Rent Unit2 2600 Rent Unit3 3600 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Measured. Public Record 2889 Sq Ft Includes Basement No Sq Ft Source Measured Tax Year 2022 Taxes 7586.00 UFFI Unknown Utility Connections For Gas Range Warranty No Water City/Town Water Year Built Description Renovated Since Year Built Source Public Record Year Round Yes Zoning C1

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Ramsay And Company of Leading Edge Real Estate.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-06-25T13:10:09.827.
 
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Revolution Realty
90 Canal Street, 4th Floor
Boston MA, 02114
Listing courtesy of Ramsay And Company of Leading Edge Real Estate.