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$ 1,750,000
Est. payment /mo
New
68 Gore St Cambridge, MA 02141
7 Beds
3 Baths
2,889 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,889 sqft
Price per Sqft $605
MLS Listing ID 73436355
Bedrooms 7
Full Baths 3
Year Built 1885
Annual Tax Amount $9,560
Tax Year 2025
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type 3 Family
Property Description
68 Gore St is a three-story multi-family building that contains a total of 3 units, comprised of (1) 3-Bed/1-Bath unit and (2) 2-Bed/1-Bath units. Each of the units are separately metered for heat (gas – FHW), hot water, and electric. The opportunity exists to upgrade the units with modern amenities and to convert a 2-Bedroom unit to a 3-Bedroom unit to drive income at the Property by bringing rents up to market rates. Additionally, the Property offers off-street parking and on-site laundry for residents. 68 Gore Street offers the opportunity to acquire an investment Property in an exceptional, urban-infill location with future upside. The subject property is ideal for a potential buyer looking for an attractive value add opportunity with income growth and strong investment returns. The Cambridge submarket continues to accelerate thanks to continued commercial and infrastructure development in the area and rents are expected to rise over the coming years.
Location
State MA
County Middlesex
Zoning C-1
Direction Please Use GPS
Exterior
Community Features Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Roof Type Rubber
Total Parking Spaces 1
Garage No
Building
Lot Description Other
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Horvath & Tremblay
