45 Dana St
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45 Dana St
10 Unit Apartment Building $5,999,900 ($599,990/Unit) 2% Cap Rate Cambridge, MA 02138
Investment Highlights
- Prime Location
- Strong Rental History
- Well maintained
Executive Summary
45 Dana offers the opportunity to acquire a turnkey investment in an exceptional, residential neighborhood of Mid-Cambridge. Perfect location in the heart of the city between Inman, Central, and Harvard squares. Colonial Revival three-story, frame apartment building with ten (10) units comprised of two (2) 3-Bedroom/1 Bathroom units, eight (8) 1-Bedroom/1-Bathroom units with 9,195 square feet of living area on 7680 square feet lot. 45 Dana has been well maintained and renovated throughout the years featuring a new roof and new windows as well as updated electrical, plumbing and gas service. Unit features consist of quality finishes including, hardwood floors high ceilings, fireplace living rooms. Each unit is separately metered for electric and gas (cooking). Do not walk the property without a scheduled appointment.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2024) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $5,999,900 | Property Subtype | Apartment |
Price Per Unit | $599,990 | Building Size | 15,227 SF |
Sale Type | Investment | Average Occupancy | 80% |
Cap Rate | 2% | No. Stories | 3 |
No. Units | 10 | Year Built | 1910 |
Property Type | Multifamily |
Price | $5,999,900 |
Price Per Unit | $599,990 |
Sale Type | Investment |
Cap Rate | 2% |
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Apartment |
Building Size | 15,227 SF |
Average Occupancy | 80% |
No. Stories | 3 |
Year Built | 1910 |
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Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (78)
Bike Score ®
Biker's Paradise (98)
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45 Dana St
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