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$1,925,000

SOLD – 18 Suites in Cambridge – 2017

Location: Cambridge
Number of Units: 18
Cap Rate: 5.1%

Solid concrete constructed 18 unit building. Pride of ownership throughout. All major cap ex items have been completed. Roof 2014, Windows 2010. Clean Phase 1 environmental 2009 Available. Master Key 2011. Intercom + security camera system 2010. All fridges + stoves replaced in last 2 yrs. Majority of rents below market. Property could use more prudent management of expense and aggressive rental program.

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All information furnished regarding this property is from sources deemed reliable but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior to sale or withdrawal without notice. Prospective purchasers are advised to seek independent legal, accounting, or any other consulting advise as may be deemed necessary to submit an offer to purchase.