31 & 33 Gore Street, Cambridge, Massachusetts 02141

$4,300,000
List Price
$4,300,000
MLS#
72895338
County
Middlesex
Year Built
1900
Status
ACTIVE

Property Description

DEVELOPMENT OPPORTUNITY AVAILABLE!! 31 Gore Street, is a six-unit building comprised of all 2-bedroom, 1-bathroom units. Within the past year the owner has upgraded the units with new kitchen cabinets, appliances, and granite counter tops. Bathrooms and flooring were upgraded as needed throughout the property. Additionally, well over 7’ of ceiling height exists in the basement of the back half of the building, adding the potential expansion of the buildings living area. 33 Gore Street is a 2.5 story building approved to add an additional 1,078 sqft. of GLA, resulting in two, 1,287 sqft. 4-level townhouses. Providing investors with the option to hold those two units as rentals or sell as condominiums. A condo conversion strategy also presents the opportunity to maximize the price per square foot exit price in this high demand. The Property is exceptionally well-located in the high-density, urban-infill, East Cambridge neighborhood.

Additional Information

Days on Market
7
Taxes
$19,572
Tax Year
2021
Construction
Frame
Parking Spaces
3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Dennis Kelleher from Horvath & Tremblay

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