Do you know where this is? 1-3 Granite Street, Cambridge MA is rated, very walkable, for its Walk Score. Although anyone who knows New England knows that there are days in the winter when a walk to the edge of your property can be difficult. Today in the late summer with fall breezes waving over the old oak trees thoughts of winter are far away.
Cambridgeport is snuggled along the eastern end of Cambridge, right along the Charles River that separates Boston from Cambridge. It is an easy walking distance to Harvard University, MIT, andBoston University. Many of thegraduate students will rent the nice apartments in this area to be away from the students less focused on the next degree in campus facilities. Since these universities attract some of the brightest and most successful students each year the competition for the best rentals is always brisk. This allows the Investor/Landlordin these multi-family units the opportunity with the right buy and the right management to reap the security and financial rewards of this Investment. ARealtor® with knowledge and experience in this market can guide you. We would be happy to answer your questions.
Those Investors that are thinkingCondo conversion know that the process is longer and more interactive with the city for permitting and converting. An Investor with this longer term strategy is hoping to convert the property into some more luxury model of it’s rental self and attract the right buyers. MLS stats over the last 3 months within one third of a mile of 1-3 Granite Avenue, Cambridge, MAtoday shows Condominium Sold Listings: 19 Avg. Liv.Area SqFt:1,159.05 Avg. List$: $475,047 Avg. List$/SqFt: $410 Avg. DOM: 23.16 Avg. Sale$: $496,776 Avg. Sale$/SqFt: $430
The range from a low of $315,000 – $741,000. The difference will be the amenities, location and garage or parking space. This is another good story for 1-3 Granite Street, Cambridge, MA. Whether you are looking for rental space or interested in a purchase for personal ownership, or as an investor we are interested in helping you understand this market better. Remember we are in Cambridge where smart and good investors have been profiting since 1632. Do you know where this is? 1-3 Granite Street, Cambridge, MA
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