Property Description

68 Gore St is a three-story multi-family building that contains a total of 3 units, comprised of (1) 3-Bed/1-Bath unit and (2) 2-Bed/1-Bath units. Each of the units are separately metered for heat (gas – FHW), hot water, and electric. The opportunity exists to upgrade the units with modern amenities and to convert a 2-Bedroom unit to a 3-Bedroom unit to drive income at the Property by bringing rents up to market rates. Additionally, the Property offers off-street parking and on-site laundry for residents. 68 Gore Street offers the opportunity to acquire an investment Property in an exceptional, urban-infill location with future upside. The subject property is ideal for a potential buyer looking for an attractive value add opportunity with income growth and strong investment returns. The Cambridge submarket continues to accelerate thanks to continued commercial and infrastructure development in the area and rents are expected to rise over the coming years.