Description
Great Investment Opportunity, commercial building in historical downtown Cambridge. Main level houses a 3000 sq ft retail or office space to include six units of residential space with a combined rental income potential of $6150 monthly, or more with recent HUD rate increases. Updates to included heating, drywall, updated kitchens and bathrooms and electric 2017. Two of the front units completely renovated 2022. Further renovations are needed to bring this property to the full income potential. Government grants are available through city funding toward improvements. Also included a three bedroom house, all units have access to off street parking.
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0BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
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10,322SQFT
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$34$/SQFT
School Ratings & Info
Listing information © 2023 YES-MLS.
Description
Great Investment Opportunity, commercial building in historical downtown Cambridge. Main level houses a 3000 sq ft retail or office space to include six units of residential space with a combined rental income potential of $6150 monthly, or more with recent HUD rate increases. Updates to included heating, drywall, updated kitchens and bathrooms and electric 2017. Two of the front units completely renovated 2022. Further renovations are needed to bring this property to the full income potential. Government grants are available through city funding toward improvements. Also included a three bedroom house, all units have access to off street parking.
Listing information © 2023 YES-MLS. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than RE/MAX Edge Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2023-10-02T13:07:44.63.