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27 Plymouth St
Cambridge, MA 02141 Wellington-Harrington

$5,500,000

Apartments For Sale  •  8,326 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 8,326 Sq Ft
  • Lot Size 0.11 ac
  • Year Built 1894
  • Cap Rate 5.13 %
68 Transit Score
95 Walk Score

Description

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase three multi-family properties located at 27-33 Plymouth Street in the Kendall Square neighborhood of Cambridge, Massachusetts (the “Property” or “Properties”). In total, the three contiguous buildings contain 8 units consisting of 22 bedrooms and 10 bathrooms in 8,326 square feet of gross living area on two tax parcels totaling 0.11-acres with off-street parking. 
The Properties are exceptionally well-located in a densely populated residential neighborhood adjacent to the commercial center of Kendall Square, one of the most prominent hubs of technology and biotechnology in the world. Kendall Square is located adjacent to Massachusetts Institute of Technology (MIT) and immediately across the Longfellow Bridge from Boston, allowing for quick access to Downtown Boston on foot or via the Red Line subway station at Kendall Square.

Highlights

Rare Critical Mass of Multi-Family Properties
Attractive Unit Mix
Value-Add Potential

Financial Summary

Cap Rate: 5.13 %

Amenities

  • Walking/Biking Trails
  • Storage Space
  • Public Transportation

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Dennis Kelleher 781-776-4002 Horvath & Tremblay
Dennis Kelleher 781-776-4002 Horvath & Tremblay