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    OFF-MARKET
    Commercial real estate

    28 Willow St, Cambridge, MA 02141

    2,326 SF Built 1902
    Property ID
    US38-2083475
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1902
    Total area 2,326 SF
    UPID US38-2083475
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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