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2 Hingham St Cambridge, MA 02138

For Sale
$6,195,000

Turnkey eight-unit property with excellent location and high rental income.

Lot size:
0.09 Acres

Property Features for 2 Hingham St

General Information

Lot size
0.09 Acres

Building Details

Year built
1920

Source: Coldwell Banker Realty - Cambridge Agent Nathan Long

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


Overview

Cambridge Eight-Unit Multifamily Investment Property

This three-level, eight-unit property is located on a corner lot at the intersection of Hingham Street and Putnam Avenue. The property includes four townhouse-style units facing Hingham Street and four studio units accessible from Putnam Avenue. Each townhouse unit features three levels, with an open-concept living, dining, and kitchen area, as well as a half bathroom on the first level. The second floor includes two bedrooms, a full bathroom, and a laundry unit. The top level features two bedrooms, including a master ensuite. Each studio apartment has a separate entrance, a full kitchen, and a bathroom. All units are under leasing cycles as of August 31st, with a total monthly rental income of $32,450. The property is located near the Charles River, Harvard Business School, Harvard Main Campus, and MIT. It is also within walking distance of the Red Line Central Station and offers quick access to Storrow Drive and I-90. This property presents a rare investment opportunity.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon 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
-71.1139612
Latitude
42.3650601

FAQs

What type of property is this?
Apartment building - Turnkey eight-unit property with excellent location and high rental income.
Where is this apartment building located?
The property is located at 2 Hingham St Cambridge, MA.
What is the asking price?
The asking price for this property is $6,195,000.
What are key features of this property?
This property features: - High Rental Income: $32,450 monthly total from all units.; - Turnkey Eight-Unit Property: Ready for immediate operation and income generation.; - Excellent Location: Steps from Charles River, Harvard Business School, Harvard Main Campus, near MIT, and walking distance to Red Line Central Station.
More about this property
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