Dan Laterowicz & Emorrison Williams Facilitate $1.5M Multifamily Sale in Cambridge

29-31 Cushing St. in Cambridge, MA, is a multifamily property that was recently sold for $1.5 million. The property consists of three units totaling 3,621 square feet, with a price per unit of $500,000 and a price per square foot of $414.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,500,000
• Units: 3
• Price Per Unit: $500,000
• Square Footage: 3,621
• Price Per Square Foot: $414
• Address: 29-31 Cushing Street, Cambridge, MA
• Market: Cambridge, MA

Emorrison Williams represented the buyer in this transaction, while Dan Laterowicz from Ldl Realty acted as the seller's representative. The sale of this property presents an enticing opportunity for investors in the Strawberry Hill neighborhood. The building, requiring complete rehabilitation and updating, offers separate utilities for each unit and significant potential for future renovation and resale.