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68 Gore St Cambridge, MA 02141

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For Sale
$1,675,000

Three-unit building in Cambridge with value-add potential.

Lot size:
0.04 Acres

Property Features for 68 Gore St

General Information

Lot size
0.04 Acres

Building Details

Year built
1885

Source: Horvath & Tremblay Agent Kelleher - Pentore Team

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


Overview

Three-Unit Multifamily Building

The property at 68 Gore St is a three-story multi-family building containing three units. The unit mix comprises one 3-bedroom, 1-bathroom unit and two 2-bedroom, 1-bathroom units. Each unit is separately metered for heat (gas forced hot water), hot water, and electricity. The property offers off-street parking and on-site laundry for residents. An opportunity exists to upgrade the units with modern amenities and to convert one of the 2-bedroom units into a 3-bedroom unit. This conversion aims to increase income by bringing rents up to market rates. The property is located in an urban-infill location and presents an opportunity for income growth and strong investment returns. The Cambridge submarket is experiencing growth due to commercial and infrastructure development, with rents expected to rise in the coming years.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Cambridge
County
Suffolk
State
Massachusetts
Longitude
-71.0807263
Latitude
42.3715828

FAQs

What type of property is this?
Triplex - Three-unit building in Cambridge with value-add potential.
Where is this triplex located?
The property is located at 68 Gore St Cambridge, MA.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: - Value-add opportunity to increase income by upgrading units and converting a 2-bedroom unit to a 3-bedroom unit.; - Located in a desirable, urban-infill location in Cambridge with future upside potential.; - Strong investment returns expected due to rising rents in the Cambridge submarket.
More about this property
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