20-26 Columbia St

Rock Hill Residential Group is pleased to announce that they have been exclusively retained to market the sale of 20-26 Columbia Street in Cambridge, MA, (“The Columbia”).
The Columbia is a , six (6) unit multi-family building, fully leased through 2025 ideally situated in the vibrant Central Square area of Cambridge, MA. This prime location is just a short walk from the Massachusetts Institute of Technology (MIT) and its extensive campus, as well as renowned companies and leaders in the lab and research space at Technology Square, such as The Broad Institute and Draper Labs. Additionally, Google’s corporate headquarters is nearby, and there is an abundance of nightlife, dining, and shopping options just steps away.
The property is made up of a single building with six (6) market rate units. The left side mirrors the right side with each unit boasting 4 beds, 1.5 baths, forced hot air by gas, Central AC and in-unit laundry. The walk-out basement includes bike storage and private storage lockers for each unit. Each unit pays their own utilities and the building’s small footprint offers low ongoing maintenance. Recent updates include newer HVAC systems, newer gas hot water tanks and recent exterior paint.
This offering provides tremendous upside to increase rents with in-place tenants or significantly through renovations of kitchens and baths
The unsurpassed location along with in-unit amenities has provided a 100% occupancy rate since acquisition in 2010.
Public Transportation is just feet away with the Bus routes along Massachusetts Ave. and the Red Line at Central Square Station.
The Columbia is being sold as an individual asset or included with the B&C Portfolio Please visit the site for additional information on the portfolio including an Offering Memorandum with rent rolls and proformas.
Investment Highlights:
*100% Occupancy Rate since 2010
*Each unit has 4 Beds / 1.5 Baths, Central AC & In-Unit Laundry
*Fully Leased through 2025 with room for growth
*Tenants pay separate utilities. Gas Heat, Central AC, Electricity, gas hot water heaters
*All six (6) HVAC systems have been replaced with American Standard Furnaces beginning in 2019
*10yr warranty gas fired hot water tanks – Ages: (2016, 2017, 2017, 2018, 2019, 2023)
*Opportunity to add value and increase rents with unit renovations
*Opportunity to increase revenue with laundry income, storage room rental & bike storage
*Small Building Footprint – minimal exterior maintenance, landscaping and snow removal
For more information and to schedule a tour, please contact the listing agent, Peter Racheotes at peter@rockhillrg.com