Sold
Property Description
5% CAP RATE, “as is” and located in HEART of Inman Square Cambridge – Investment/Development Opportunity in high foot traffic area. 1099 Cambridge Street is in the hub of activity where the Education, Life Sciences and Business worlds all converge. In Inman Square, Harvard Yard – 1 mile, Kendal Square – 1 mile, Union Square Green Line Stop – 0.3 mile, Central Square<1 mile. Property has 2 Commercial Spaces and 4 Residential units. All tenants are current. An ideal investment property to add to your portfolio. Perfect 1031 Exchange with exponential future growth based on outstanding location.
Location
MA
Middlesex
Cambridge
02139
1099
Cambridge
Inman Square to 1099 Cambridge Street
W72° 54′ 16.4”
N42° 22′ 23.4”
1099 Cambridge, Cambridge MA 02139
1099
School Information
Community Information
1
Additional Information
Unknown
Systems and Appliances
: Public Water, Public Sewer
Home owner association information
Zoning/Tax Information
$16,296
2020
BA
62252
54
82
Legal Conforming
Building Information
No
Paved
No
No
Features
No
: Rubber
Listing Agent/Office
Compass
Lance Greene
AN2606
NB113873
CN204591
1099 Cambridge, Cambridge MA 02139 – For Sale
1099 Cambridge, Cambridge, Massachusetts 02139
2,176 Sqft
$2,999,900
Listing ID #72697564
Basic Details
Sold Price : $2,950,000
Price : $2,999,900
Original List Price : $2,999,900
Listing Type : For Sale
Buyer Agency Compensation : 2.5
Listing ID : 72697564
Listing Category : Commercial
Listing Status : Sold
Listing Sub-Status : Sold
Days on Market : 290
Year Built : 1900
Lot Size : 2,176 Sqft
Lot Size (Acres) : 0.05
List Date : 07/24/2020 08:24 AM
PurchaseContractDate : 09/10/2020
Off Market Date : 09/28/2020
CloseDate : 12/16/2020
Last Status updated: : 12/16/2020 09:54 PM
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Agent info
Douglas Elliman
20 Park Plaza, Boston MA
Contact Agent