Find Property | Real Estate
Price: | 49,250,000 |
Type: | 5-9 Family |
Lot Size: | 1.29 |
Square Feet: | 85000 |
Lot Square Feet: | 56044.00 |
Bedrooms: | 9 |
Bathrooms: | 9 + 9 |
Full Bathrooms: | 9 |
Remarks
Presenting the Cambridge Connection, an exceptional portfolio consisting of ten historic buildings totaling 85,000 +/- GSF strategically located between Harvard Square and Porter Square in the heart of Cambridge, Massachusetts. Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, the portfolio presents immense value-add potential through the lease-up of vacant space, the potential redevelopment to multifamily residential and condominium conversion, the potential for new ground-up residential construction, among other options and strategies. Situated on Mellen Street, Sacramento Street, Massachusetts Avenue and Somerville Avenue, all of the buildings are located within a 10-minute walk of a MBTA station, as well as Harvard and Lesley University. **Interested parties are invited to submit bids for the Cambridge Connection as a single portfolio, sub-portfolios or individual properties.**