28 Willow St Cambridge, MA 02141
- Commercial real estate
- 2,326 SF
Current Use by Public Records
- Commercial real estate
Property Details for 28 Willow St
- Year built
- 1902
- Property size
- 2,326 SF
- Property type
- Commercial real estate
Description
This centrally located Cambridge, MA, multifamily property presents a compelling value-add opportunity. Situated on a 1,448 sq ft corner lot at 28 Willow St, this two-unit, two-story building (2,326 sq ft total) offers spacious floor plans with direct views of Donnelly Field. Built in 1902, the property is conveniently located within walking distance of Inman Square, Kendall Square, and Union Square, benefiting from the robust rental demand fueled by proximity to MIT and numerous employment opportunities. Both units are currently vacant as of August 1st, 2024, following the expiration of existing leases. This presents a unique chance for either end-users seeking a prime residential location or investors aiming to capitalize on renovation potential to enhance rental income. While both units are in excellent condition and ready for immediate occupancy, the vacancy allows for strategic improvements to maximize the property's value. The property's A+ location and potential for value enhancement make it an attractive investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cambridge
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.092868714743
- Latitude
- 42.370728855446