81-91 Winter St

Cambridge, MA, 02141

$7,700,000

$612 per ft²
$7,700,000
$612 per ft²
Active
Active
 - For Sale
beds
30 Beds
baths
22 Baths
carpenters-square
12,580 ft²
property_type
Multi-family
calendar
Built 1900
81-91 Winter St is an excellent opportunity to acquire a fully leased investment property with significant upside in an exceptional, urban-infill location at a 5.41% Cap Rate on current income. The highly-walkable East-Cambridge location is a short walk from the Green Line at the New Lechmere Station (0.3 miles), Cambridge Crossing, Kendall Square, MIT, MGH and Downtown Boston. 81-91 Winter St consists of 3 adjacent multi-family buildings and 1 private parking lot with 4 spaces. The Property contains a total of thirteen units, comprised of one Studio unit, two 1-Bedroom/1-Bathroom units, four 2-Bedroom/1-Bathroom units, one 3-Bedroom/1-Bathroom unit, four 3-Bedroom/3-Bathroom townhouse units, and one 4-Bedroom/2-Bathroom unit. All of the units are separately metered for heat, hot water and electric. Both 83 and 85-87 Winter Street have new roofs and new siding, as well as new heating systems throughout (individual boilers and gas meters) in addition to renovated units.
MLS® ID:
73081151
Listed:
2/21/23
Updated:
3/23/23

Interior Features

Kitchen Appliances
Gas Water Heater
Total Bedrooms
30
Full Bathrooms
22

Exterior/Building Features

Lot Size
8,407 ft² lot
Lot Details
Other
Roof
Shingle, Rubber
Sewer
Public Sewer

Other Property Details

Taxes
$34752
Tax Frequency
per YEAR
Association Amenities
Other
Garage
No
Parking
Off Street
Parking Total
4.0
View
N
County
Middlesex
Water Source
Public
Pool
No
Total Stories
7
Zoning
R1
Sub Agency Compensation
0
Buyer Agency Compensation
1.75
Transaction Broker Compensation
0
Compensation Based On
Gross/Full Sale Price
Sub Agency Relationship Offered
Yes

 

Courtesy of John Pentore, Horvath & Tremblay

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Data last updated 12:24 PM UTC, 3/23/23

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