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345-365 Columbia Street, Cambridge, MA 02141

99 Bed, 99+ Bath Multi-Family Home For Sale

345-365 Columbia Street, Cambridge, MA 02141 House For Sale - MLS #72247998
Under Agreement
$12,500,000
99
99 Full Bath, 99 Half Bath
Multi-Family
5+ Family
20

Property Description for 345-365 Columbia Street, Cambridge, MA 02141

The Columbia Collection is a 5-building, 20-unit, multifamily investment portfolio located at 345-365 Columbia Street in Cambridge, Massachusetts. The Portfolio consists of five contiguous multifamily homes containing 17,779 of rentable square feet in 20 residential apartment units with Separate Utilities and 20 parking spaces. The properties underwent a complete renovation in the early 2000's and are overall in very good condition. The Portfolio is currently 100% leased and offers investors the opportunity to acquire a rare critical mass of contiguous, multi-family assets, in one of the strongest submarkets in the country. There is significant opportunity to increase rents as current rents are below market. The location is an easy walk to public transportation, numerous shopping, dining and entertainment options as well as outdoor recreation space. Kendall Square, Inman Square, Central Square, Union Square-Somerville, MIT and Harvard University are all within walking distance.

Interior Details

17,779 sq. ft.
$703.08/sq. ft.

Exterior Details

0.36 acres
15,880 sq. ft.
20

Other Details

72247998
1920

Units Description

Unit #1
Rooms: 4      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 1      Rent: $1      Lease: Yes

Unit #2
Rooms: 6      Bedrooms: 4      Full / Half Baths: 2      Floor: 1      Rent: $1      Lease: Yes

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Town Description

Cambridge is a unique community in its mix of cultural and social diversity, intellectual vitality and technical innovation. The city is home to internationally known Harvard University and the...

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