28 Willow St, Cambridge, MA 02141
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.