Cambridge
Sold For$1,475,000
Listed For $1,500,000
Sold Apr 2023
Here Is An Opportunity To Own A Purpose-Built, Townhome Four-Plex In Cambridge. Each Unit Is 3 Bedrooms And 1 Bath, With Its Own Garage, Laundry, Hot Water Heater, And Metered Separately. The Building Itself Sits On Almost Half An Acre Of Land Zoned Rm4. Currently, 3 Out Of 4 Units Are Tenant Occupied And One Is Owner-Occupied. Total Possible Rents On The Property Exceed $100K/Year. Zoning Allows For More Units And The Property Can Be Severed Into 4 Individual Units Or 2 Duplexes And Sold Individually. Potential Cap Rate Over 6%.
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