2 Cambridge Ter Cambridge — Photo 1 of 27
$3,400,000
Investment Analysis — 2 Cambridge Ter
Cambridge, MA 02140 — Porter Square
Based on rent reported on the MLS listing, a 3-unit multi-family in 02140 carries $10,588/mo in gross rent — about a 2.38% cap rate and $80,822/yr in estimated NOI at the $3,400,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
3,471
Style
3 Family
Built
1903
DEVELOPERS, BUILDERS & INVESTORS AND VISIONARY BUYERS!—RARE CAMBRIDGE OPPORTUNITY! Offered for the first time in over 60 years, this three-family property sits on a substantial 7,773 SF lot and presents a compelling combination of immediate income and potential future upside. The property currently features three residential units PLUS 18 off-street parking spaces, creating multiple income streams while a buyer evaluates the property's highest and best use. Opportunities offering this combination of land, existing multifamily income, and significant off-street parking are increasingly difficult to find in Cambridge. Continue operating as an income-producing asset, reposition the existing property, or investigate potential redevelopment, expansion, or additional-unit possibilities. Buyer to perform all due diligence regarding zoning, permitting, density, buildability, and development potential. Seller and listing broker make no representations or warranties regarding future development or additional units. Bring your architect, contractor, and vision!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Range • Dishwasher • Disposal • Refrigerator • Freezer • Oven
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Listing Agent: Guy Contaldi
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73572556
