Agassiz Homes

Agassiz is a small, moderate-density residential neighborhood with around 5,000 residents. Harvard Square and Porter Square, both major commercial and transit centers, lie at either end of the neighborhood and Massachusetts Avenue, which connects the two squares, serves as the neighborhood’s retail center. Universities are a major presence in the neighborhood, which contains academic and student housing facilities for both Harvard University and Leslely University. To the east, Agassiz shares a board with the city of Somerville. (from City of Cambridge website)

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34 Gorham Street Cambridge MA 02138

MLS Number 72477439

  • Condo or Co-op
  • Year Built 1925
  • Bedrooms 3
  • Bathroom 1

FOR INVESTORS: Approx. 4.5% cap rate. Invest with this prime rental property in the Agassiz/Harvard Sq. neighborhood of Cambridge: Easy access to Harvard Sq T stop, Harvard University Campus, Law School, School of Applied Sciences, Harvard Divinity School and the Lesley College of Art and Design and more. Close to Porter Square - with restaurants, shopping, cafes, etc. The unit has been rented continuously for the last 14 yrs. currently at $3,600 per month through 5/31/20. Taxes do not reflect res. exemption which would of course be applied if you'd like to move in, in June 2020! Great space with high ceilings and a nice bit of character. Fireplace is attractive (not currently being used) and forms a central gathering place in the main living room. The eat in kitchen feels spacious as well, and likewise with the bedrooms, well oriented to natural light, tree views.This street and the 3-family this unit tops, is a classic Cambridge charmer, a strong asset for any portfolio. Offers 4/11

Listed by Ted Fairchild of Channing Real Estate

$/month over payments
Federal 30-year interest rate: 4.17% last updated on Apr 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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