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    602-604 Cambridge St Boston, MA 02134

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    For Sale
    $2,600,000

    Four-unit apartment building in Allston, fully leased through July 2027.

    Lot size:
    0.14 Acres

    Property Features for 602-604 Cambridge St

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1910

    Source: Carl Christie Agent Carl Christie

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Four-Unit Brick Apartment Building

    The property at 602-604 Cambridge Street is a four-unit brick apartment building. It is fully leased through July 2027. The property is located in Allston, with convenient access to public transportation. Recent upgrades have been made throughout the units. The building includes off-street parking and a garage. The property presents an opportunity for a 1031 exchange, portfolio expansion, or a turnkey cash-flow asset. The property has an attractive 6.2% cap rate based on current rents and projected expenses.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.14205
    Latitude
    42.35167

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    FAQs

    What type of property is this?
    Quadplex - Four-unit apartment building in Allston, fully leased through July 2027.
    Where is this quadplex located?
    The property is located at 602-604 Cambridge St Boston, MA.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - Fully leased through July 2027, providing immediate and stable income.; - Attractive 6.2% cap rate based on current rents and projected expenses.; - Great Allston location, steps from public transportation.
    (617) 942-1137
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    602-604 Cambridge St Boston, MA 02134
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