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25-27 Marney Street 25-27 Marney St 6 Unit Apartment Building $6,105,570 CAD ($1,017,595 CAD/Unit) 6.59% Cap Rate Cambridge, MA 02141



Investment Highlights
- Dynamic Cambridge Location
- Transit Oriented Location
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multifamily investment property located at 25-27 Marney Street in the Wellington-Harrington neighborhood of Cambridge, Massachusetts (the “Property”). Situated in an incredible high-density, urban-infill, East Cambridge neighborhood, the highly walkable location is a short walk from Kendall Square, Inman Square, the Green Line at the Union Square Station, MIT, MGH, the Charles River Esplanade, and Downtown Boston. 25-27 Marney Street is a three-story multi-family building that contains a total of six (6) units, comprised of three (3) 4-Bedroom/1-Bathroom units and three (3), 3-Bedroom/1-Bathroom units with 6,588 square feet of living space in 8,804 square feet of total gross area on 0.09-acres of land. The Property has undergone extensive renovations since acquisition, offering a turnkey investment with condo-quality upgrades throughout. Units feature newer kitchens with white quartz countertops, modern cabinets, and stainless-steel appliances, including gas stoves and dishwashers, hardwood floors throughout, newer bathrooms, in-unit washers and dryers (in select units), forced hot-air as well as central air conditioning. Each of the units are separately metered for gas heat, hot water and electric. Additionally, there is one (1), tandem off-street parking space as well as an on-site laundry facility for those who do not have in-unit washer/dryer. 25-27 Marney Street offers the opportunity to acquire a fully leased investment Property with upside in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. The Cambridge submarket continues to accelerate thanks to continued commercial and infrastructure development in the area and rents are expected to rise over the coming years.
Property Facts
| Price | $6,105,570 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $1,017,595 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 6.59% | Building Size | 8,251 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | ||
| Zoning | N/Av | ||
| Price | $6,105,570 CAD |
| Price Per Unit | $1,017,595 CAD |
| Sale Type | Investment |
| Cap Rate | 6.59% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 8,251 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | N/Av |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Hardwood Floors
- Stainless Steel Appliances
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Gas Range
- Smoke Free
- Walk-Up
- Smoke Detector
Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | CAMB-000037-000000-000067 | Improvements Assessment | $2,796,777 CAD |
| Land Assessment | $1,908,346 CAD | Total Assessment | $4,705,122 CAD |
Property Taxes
Parcel Number
CAMB-000037-000000-000067
Land Assessment
$1,908,346 CAD
Improvements Assessment
$2,796,777 CAD
Total Assessment
$4,705,122 CAD
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25-27 Marney Street | 25-27 Marney St
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