1110 Massachusetts AveCambridge, MA 02481
1110 Mass Ave Cambridge, MA
Asset ClassRetail, Multifamily, Mixed Use
Deal Size$4.25 M
Mixed-Use Apartment & Retail Building in Vibrant Harvard Square
Overview
As exclusive agent, Avison Young is pleased to offer for sale 1110 Massachusetts Avenue, a mixed-use +/- 5,068 square foot residential apartment building with street-level retail that is situated in a generational location only stepsfrom Harvard Square and the campus of prestigious Havard University.
Investment Highlights
- 100% leased, five-story plus lower-level building, with four apartment units and one retail unit.
- Unit mix includes two 2-bed 1-bath units, one 2-bed 1.5-bath duplex with a private roof deck and in-unit washer and dryer, one generous sized studio with a private entrance, and one street-level retail unit.
- Ideal location in-between Cambridge’s Harvard and Central Squares where residents benefit from a plethora of dining, shopping and entertainment options just a short walk away.
- 0.3 miles from the Harvard MBTA Red line station, providing ease of commuting throughout Cambridge and Greater Boston.
- Modern residential units with central air, hardwood floors, open and updated kitchens, communal or in-unit washer and dryers, and balconies or decks on the upper floor units.
- Retail unit has prime frontage and signage on heavily traveled Massachusetts Avenue.
- Optionality to continue operations as a rental property and mark-to-market its current below market rents or take advantage of the soaring condo market and sell-off the units as individual condos.
Photo Gallery
1110 Massachusetts AveCambridge, MA 02481
Listing provided by Revere CRE