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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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1010 Massachusetts Ave , Cambridge, MA 02138
$26,000,000
Est. Payment: $57,777.78/mo
83 Bed
54 Bath
41366 Sqft
Status: Under Agreement | Days on site: 145
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AN4987 - CN254297
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House Description

1010 Massachusetts Avenue, aka The Cantabrigia Building, offers 53 apartment units and is located within the Harvard Square neighborhood of Cambridge. The property is comprised of an eight-story, elevatored building and a 27-space surface parking lot with substantial as-of-right development potential. Originally built in the early 1900‘s, the property has been impeccably maintained, with current ownership investing significant capital to complete numerous building systems and window upgrades, elevator modernization, roof replacement, and extensive enhancements to common areas and the building‘s entryway space. With a mix of original, partially-renovated, and fully-renovated apartments, finish levels vary and offer enormous upside through both organic rent increases and the implementation of a strategic unit renovation program.

Highlights

Listed by John McLaughlin , 781-454-7502 CBRE, Inc , 617-912-7000.

Property Type

Multi-Family

Lot/Acreage
0.63

Year Built

1900

County

Middlesex

Listing ID

73485610

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:83
  • Bathrooms:54
  • Full Bathrooms:54
Water:Public

Exterior Features

Garage Capacity:27
Zoning:BB-1
Sewer:Public Sewer
Parking Features:Parking Spaces: 27
Principal Interest
$57,778
Taxes
$11,441

Home Price

$26,000,000

Loan Details

30 yrs
%

Down Payment

20%
$5,200,000
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Monthly Price:
$57,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $57,777.78 $11,440.83 $0.00 $69,218.61
Yearly $693,333.33 $137,290.00 $0.00 $830,623.33
Total $20,800,000.00 $4,118,700.00 $0.00 $24,918,700.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Cambridge, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.