• THE ASSET: Gibson Terrace contains eighteen (18) residential units consisting of sixteen (16), 1-Bedroom/1-Bathroom units and two (2), 2-Bedroom/1-Bathroom townhouse style units in 12,138 square feet of living area on a 0.29-acre parcel. The Property has tremendous curb appeal with a brick exterior and an inviting central courtyard with brick walkways and meticulously maintained grounds. The building offers numerous upgrades throughout as well as on-site laundry and storage for the tenants.

• IRREPLACEABLE LOCATION: The brick multi-family investment property is situated in an incredible urban infill location just off Mt. Auburn Street on a tree-lined residential street and surrounded by stately single-family homes. The Property is just 0.7 miles from Harvard Square and world-renowned Harvard University. Additionally located in close proximity to the property is Mt. Auburn Hospital, scenic Memorial Drive and the Charles River. Gibson Terrace, which is 18-individual condos under one ownership, offers the rare opportunity to acquire a generational asset in one of the country’s best performing real estate markets.

• DESIRABLE BEDROOM COUNTS WITH VALUE ADD OPPORTUNITY: The Property features desirable bedroom counts with One Bedroom and Two Bedroom Units. There is an opportunity to generate additional income from the property by further updating the unrenovated units’ interiors to further drive the rental rates or to set up for a potential luxury condo exit.

• EXCEPTIONAL DEMOGRAPHICS: Over 39,100 people live within 1 mile of the Property with an impressive average income of $163,800+, while an exceptional 443,100+ people live within 3 miles of the Property with an average income of over $130,500.