103 School Street

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Address: 103 School St, Cambridge, MA 02139, USA

Boston & New England + Apartment Buildings

Created date: August 12, 2024

Date last updated: August 12, 2024

Shell Condition Building, Ready for Renovation
Optionality in Business Plan
Growing Submarket
Steps from MIT
Proximity to Kendall Square & Surrounding Employment Hub
Proximity to Harvard University
Transit Oriented
Wealth of Area Amenities

Property Description

Boston Realty Advisors is pleased to present for sale 103-109 School Street. Located in Cambridge, MA, this 100% vacant multifamily property is in complete shell condition and offers investors optionality in their business plan. The property currently consists of +/- 3,800 SF and sits on a +/-4,000 SF lot that offers fenced in green-space in the rear of the building. The wood framed building consists of two stories and a basement. The property is currently down to the studs in shell condition. 103-109 School Street is a perfect opportunity for investors to acquire real estate in a rapidly growing submarket. Cambridge, home to two of the world’s most prestigious academic institutions, Harvard and MIT, is also a worldwide hub for life sciences and innovation. Large companies such as Takeda, Sanofi, and Google have established their roots in Cambridge and are key investment drivers to the local real estate market. These academic institutions and large companies continuously create demand for housing and have resulted in a upward trajectory for market rents and sales prices year after year in Cambridge for over the next 10 years.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Year Built:	1894
Lot Size:	0.09 Sq ft
Opportunity Zone:	No
Property Website	Click Here