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1110 Massachusetts Ave 5 Unit Apartment Building £2,979,240 (£595,848/Unit) Cambridge, MA 02138
EXECUTIVE SUMMARY
Avison Young is pleased to offer for sale 1110 Massachusetts Avenue, a mixed-use residential apartment building with street-level retail that is situated in a generational location only steps from Harvard Square and the campus of prestigious Harvard University. The well-maintained building has been continually updated and renovated over the years, and the unit mix includes a generous lower-level studio, two 2-bed 1-bath units, one 2-bed 1.5-bath duplex, and one street-level retail unit.
1110 Massachusetts Avenue features an ideal location between Cambridge's Harvard and Central Squares, where residents benefit from a plethora of dining, shopping and entertainment options just a short walk away. The Harvard MBTA red line station is only a five-minute walk from the property, providing ease of comminuting throughout Cambridge and Greater Boston.
1110 Massachusetts Avenue is 100% leased, and provides the versatility for the next owner to continue to generate cash flow and mark-to-market is current below market rents, or take advantage pf the soaring condo market in Cambridge and sell-off the units as individual condominiums. For more information and to access the full offering memorandum with rent-roll, financials, and floor plans, please visit http://www.1110massave.com/
1110 Massachusetts Avenue features an ideal location between Cambridge's Harvard and Central Squares, where residents benefit from a plethora of dining, shopping and entertainment options just a short walk away. The Harvard MBTA red line station is only a five-minute walk from the property, providing ease of comminuting throughout Cambridge and Greater Boston.
1110 Massachusetts Avenue is 100% leased, and provides the versatility for the next owner to continue to generate cash flow and mark-to-market is current below market rents, or take advantage pf the soaring condo market in Cambridge and sell-off the units as individual condominiums. For more information and to access the full offering memorandum with rent-roll, financials, and floor plans, please visit http://www.1110massave.com/
PROPERTY FACTS
| Price | £2,979,240 | Apartment Style | Mid-Rise |
| Price Per Unit | £595,848 | Costar Property Class | B |
| Sale Type | Investment | Total Plot Size | 0.03 ac |
| No. Units | 5 | Property Size | 5,495 sq ft |
| Property Type | Build-to-Rent | No. Floors | 5 |
| Property Subtype | Apartment | Year Built | 1880 |
| Use Class | O-2, Cambridge | ||
| Price | £2,979,240 |
| Price Per Unit | £595,848 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | B |
| Total Plot Size | 0.03 ac |
| Property Size | 5,495 sq ft |
| No. Floors | 5 |
| Year Built | 1880 |
| Use Class | O-2, Cambridge |
AMENITIES
SITE AMENITIES
- Property Manager on Site
Walk Score®
Excellent pedestrian access (98)
Transit Score®
Excellent Public Transport (78)
Bike Score®
Ideal For Cyclists (96)
PROPERTY TAXES
| Parcel Number | CAMB-000133-000000-000031 | Improvements Assessment | £1,327,624 |
| Land Assessment | £918,574 | Total Assessment | £2,246,198 |
PROPERTY TAXES
Parcel Number
CAMB-000133-000000-000031
Land Assessment
£918,574
Improvements Assessment
£1,327,624
Total Assessment
£2,246,198
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1110 Massachusetts Ave
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