$1,675,000
$75K PRICE DROP

Estimated payment $9,581/month

Total Views 3,775
7 Beds
3 Baths
2,889 Sq Ft
$580 Price per Sq Ft

Highlights

  • Marina
  • 4-minute walk to Lechmere Station
  • Community Pool
  • Medical Services
  • Property is near public transit
  • 3-minute walk to Silva Park

About This Home

68 Gore St is a three-story multi-family building that contains a total of 3 units, comprised of (1) 3-Bed/1-Bath unit and (2) 2-Bed/1-Bath units. Each of the units are separately metered for heat (gas – FHW), hot water, and electric. The opportunity exists to upgrade the units with modern amenities and to convert a 2-Bedroom unit to a 3-Bedroom unit to drive income at the Property by bringing rents up to market rates. Additionally, the Property offers off-street parking and on-site laundry for residents. 68 Gore Street offers the opportunity to acquire an investment Property in an exceptional, urban-infill location with future upside. The subject property is ideal for a potential buyer looking for an attractive value add opportunity with income growth and strong investment returns. The Cambridge submarket continues to accelerate thanks to continued commercial and infrastructure development in the area and rents are expected to rise over the coming years.

Listing Agent

Kelleher - Pentore Team

Horvath & Tremblay Listed on: 09/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,560

Year Built

  • Built in 1885

Home Design

  • Rubber Roof

Interior Spaces

  • 2,889 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • 1,742 Sq Ft Lot
  • Separate Meters

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 400168

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Community Pool
  • Park
  • Jogging Path

Building Details

  • Operating Expense $23,098
  • Net Operating Income $99,502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,560

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1885
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 7
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Above Grade Finished Sq Ft: 2889
  • Living Area: 2889
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2723

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 1
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Electric: Individually Metered
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 400168
  • Zoning: C-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1742
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9560

Multi Family

  • Net Operating Income: 99502
  • Number Of Units Total: 3
  • Operating Expense: 23098
  • Total Actual Rent: 10100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,300 $1,464,500 $568,300 $896,200
2024 $8,759 $1,479,500 $616,300 $863,200
2023 $8,003 $1,365,700 $588,400 $777,300
2022 $7,366 $1,296,700 $594,400 $702,300
2021 $7,366 $1,259,100 $583,300 $675,800
2020 $7,120 $1,238,300 $588,800 $649,500
2019 $7,063 $1,189,000 $577,500 $611,500
2018 $5,790 $1,031,900 $478,900 $553,000
2017 $9,955 $952,200 $428,200 $524,000
2016 $5,597 $800,700 $317,600 $483,100
2015 $5,415 $692,400 $272,200 $420,200
2014 $4,992 $595,700 $210,800 $384,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Price Changed $1,675,000 -4.3% $580 / Sq Ft
09/26/2025 09/26/25 For Sale $1,750,000 -- $606 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Land Court Massachusetts $485,000 --
Land Court Massachusetts $520,000 --
Land Court Massachusetts $394,500 --
Land Court Massachusetts $275,000 --
Foreclosure Deed $321,057 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,000 No Value Available
Closed $235,000 Purchase Money Mortgage
Previous Owner $416,000 Purchase Money Mortgage
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73436355

MLS Property Information Network (MLS PIN)

APN: CAMB-000021-000000-000083