Presenting 1-11 Marney Street, a 9-unit boutique apartment building located in the heart of Cambridge, Massachusetts, one of the most dynamic and supply-constrained rental markets in the Northeast. The Property features a mix of spacious two-bedroom units with either two or two and a half baths across three adjacent buildings on a quiet residential street, offering investors both stability and upside through strategic improvements or rent adjustments. Steps from Inman Square and within walking distance to Central Square, Kendall Square, and MIT, tenants of 1-11 Marney Street enjoy close access to Red Line T stations, local shops, restaurants, and major employers in tech, biotech, and academia. This well-maintained property with recently upgraded units offers investors an opportunity to acquire a turnkey asset in an extremely high barrier to entry market.
1-11 Marney Street, Cambridge, MA, 02141
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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