About 81-91 Winter St
81-91 Winter St is an excellent opportunity to acquire a fully leased investment property with significant upside in an exceptional, urban-infill location at a 5.41% Cap Rate on current income. The highly-walkable East-Cambridge location is a short walk from the Green Line at the New Lechmere Station (0.3 miles), Cambridge Crossing, Kendall Square, MIT, MGH and Downtown Boston. 81-91 Winter St consists of 3 adjacent multi-family buildings and 1 private parking lot with 4 spaces. The Property contains a total of thirteen units, comprised of one Studio unit, two 1-Bedroom/1-Bathroom units, four 2-Bedroom/1-Bathroom units, one 3-Bedroom/1-Bathroom unit, four 3-Bedroom/3-Bathroom townhouse units, and one 4-Bedroom/2-Bathroom unit. All of the units are separately metered for heat, hot water and electric. Both 83 and 85-87 Winter Street have new roofs and new siding, as well as new heating systems throughout (individual boilers and gas meters) in addition to renovated units.
Features of 81-91 Winter St
| MLS® # | 73081151 |
|---|---|
| Price | $7,700,000 |
| Bedrooms | 30 |
| Bathrooms | 22.00 |
| Full Baths | 22 |
| Square Footage | 12,580 |
| Acres | 0.19 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 5+ Family - 5+ Units Side by Side |
| Status | Active |
Community Information
| Address | 81-91 Winter St |
|---|---|
| City | Cambridge |
| County | Middlesex |
| State | MA |
| Zip Code | 02141 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Gas Water Heater |
|---|---|
| Fireplace | No |
| # of Stories | 7 |
Exterior
| Lot Description | Other |
|---|---|
| Roof | Shingle, Rubber |
| Foundation | Other |
Additional Information
| Zoning | R1 |
|---|
Listing Details
| Agent | John Pentore |
|---|---|
| Office | Horvath & Tremblay |