Investment Highlights - Rarely available fully occupied mixed-use investment property in East Cambridge, MA INVESTMENT HIGHLIGHTSTHE ASSET: 616-620 Cambridge Street in East Cambridge is a FULLY OCCUPIED two-story fully-occupied mixed-use building (8,201SF) comprised of four (4), 2-Bedroom/1-Bathroom units above two (2), retail units, as follows: Retail Unit #1: City Liquors--a popular and well established liquor storeNew Restaurant Unit #2: Senmi Ramen--tenant built-out new restaurant/new lease. The East Cambridge outlook remains bright as rental demand continues at a steady rate.PRIME EAST CAMBRIDGE NEIGHBORHOOD: 616-620 Cambridge Street is located in East Cambridge, MA, one of the most desirable and supply-constrained urban neighborhoods. The area is characterized by dense residential development, strong demographics, and a vibrant mix of neighborhood retail, dining and within walking distance to many convenience-oriented businesses: $4,499,000..6.04% CAP
8,201 Sq Ft
6,251 Sq Ft Lot Size
Commercial
$21,727 Annual Tax
Built in 1950
MLS/Listing ID 73470639
Rubber