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345 Columbia Street, Kendall SquareCambridge, MA 02141MLS Number 72247998

  • Price: $12,500,000The price has recently decreased
  • Est. Mortgage of $/month
  • 25 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.86% last updated on 2017-08-24

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 99Bedrooms
  • 198Bathroom
  • 17779Square Feet
  • 0.36Acreage

The Columbia Collection is a 5-building, 20-unit, multifamily investment portfolio located at 345-365 Columbia Street in Cambridge, Massachusetts. The Portfolio consists of five contiguous multifamily homes containing 17,779 of rentable square feet in 20 residential apartment units with Separate Utilities and 20 parking spaces. The properties underwent a complete renovation in the early 2000s and are overall in very good condition. The Portfolio is currently 100% leased and offers investors the opportunity to acquire a rare critical mass of contiguous, multi-family assets, in one of the strongest submarkets in the country. There is significant opportunity to increase rents as current rents are below market. The location is an easy walk to public transportation, numerous shopping, dining and entertainment options as well as outdoor recreation space. Kendall Square, Inman Square, Central Square, Union Square-Somerville, MIT and Harvard University are all within walking distance.

Listed by John Pentore and Dennis Kelleher of Horvath & Tremblay

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Call: 617-716-0240 or send a message:

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Your Local Office

Marsh Properties
30 Newbury Street, 3rd Floor
Boston MA, 02116

Office: (617) 716-0240

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Basic Information

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Location

  • StreetColumbia Street
  • Street No345-365
  • TownCambridge
  • Building Number345
  • StateMA
  • Zip02141
  • NeighborhoodKendall Square
  • CountyMiddlesex

Property

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  • Property Type5+ Family - 5+ Units Side by Side
  • View Count6

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