FOR INVESTORS: Approx. 4.5% cap rate. Invest with this prime rental property in the Agassiz/Harvard Sq. neighborhood of Cambridge: Easy access to Harvard Sq T stop, Harvard University Campus, Law School, School of Applied Sciences, Harvard Divinity School and the Lesley College of Art and Design and more. Close to Porter Square - with restaurants, shopping, cafes, etc. The unit has been rented continuously for the last 14 years, currently at $3,600 per month through May 31, 2020. Taxes do not reflect res. exemption which would of course be applied if you'd like to move in, in June 2020! Great space with high ceilings and a nice bit of character. Fireplace is attractive (not currently being used) and forms a central gathering place in the main living room. The eat in kitchen feels spacious as well, and likewise with the bedrooms, well oriented to natural light and tree views.This street and the 3-family this unit tops, is a classic Cambridge charmer, a strong asset for any portfolio.
Off market
$956,800
32-34 Gorham St #3, Cambridge, MA 02138
3beds
1,220sqft
Condo
Built in 1925
-- sqft lot
$956,800 Zestimate®
$784/sqft
$300/mo HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None, Forced air
Cooling
- None
Appliances
- Included: Dryer, Washer
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,220 sqft
Property
Parking
- Parking features: None
Details
- Parcel number: CAMBM00149L0010200003
Construction
Type & style
- Home type: Condo
Condition
- Year built: 1925
Community & neighborhood
Location
- Region: Cambridge
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $300 monthly
Other
Other facts
- Amenities: Shopping, Medical Facility, T-Station, Public Transportation, Swimming Pool, Park, Bike Path, House Of Worship, Private School, University, Public School, Walk/Jog Trails
- Heating: Gas, Hot Water Baseboard
- Hot Water: Natural Gas
- Roof Material: Asphalt/Fiberglass Shingles
- Construction: Frame
- Flooring: Hardwood
- Unit Placement: Top/Penthouse
- Cooling: Window Ac
- Style: 2/3 Family
- Electric Feature: 60 Amps/Less
- Fee Interval: Monthly
Services availability
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Estimated market value
$956,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$956,800