1627 Massachusetts Avenue Cambridge, MA SOLD

$7,200,000
Beds 18
Baths 27
Square Feet 6,821
Acres 0.33
Photo of 1627 Massachusetts Avenue Cambridge MA 02138

Sold By

Christopher Sower, Cushman & Wakefield



Description

Presenting 1627 Massachusetts Ave. a 6,821 SF, 2.75 story building located between Harvard Square and Porter Square in the heart of Cambridge, Massachusetts. Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, the property presents immense value-add potential through the potential redevelopment to multifamily residential and condominium conversions, new ground-up residential construction, among other options and strategies. 1627 Mass Ave. is situated in one of the most highly desirable metro areas in the world with unmatched access to many of the nations top colleges and universities, technology and bio-tech employers and many of the region's best shopping and dining amenities. The building is located within a 10-minute walk of a MBTA Red Line station as well as Harvard and Lesley University. Interested parties are invited to submit bids for the Cambridge Connection as a single portfolio, sub-portfolios or individual properties.


Listed by Cushman & Wakefield, Christopher Sower
Sold by Cushman & Wakefield, Christopher Sower

Details

MLS 72921063
Status Closed
Price $7,200,000
DOM 271 days
Type Multi-Family
Beds 18
Total Baths 18 full, 18 half baths
Square Feet 6,821 sqft
Lot Size 0.33 acres
Year Built 1862

Lot & Building Features

Construction Brick, Stone
Sewer Public Sewer
Tax Year 9999
Taxes Paid $9,999
Water Public
Foundation Brick/Mortar
Roof Slate
Full Baths 18
Half Baths 18
Total Rooms 18
Garage Spaces 0
Fireplaces 18

Map

Multi-Family Home for Sale: 1627 Massachusetts Avenue, Cambridge, MA 02138 SOLD

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Financing

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20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.