$2,465,000
10
Beds
5
Baths
4,263
Living Area
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Property Description
Rare opportunity in a thriving East Cambridge neighborhood close to Kendall to own a 5 unit parcel that consists of 2 separate buildings (front and back with green space in between). The front building is a flat-roof triple decker with 3 units and the rear building is a 2 family. The units have slightly different layouts but all have 4 rooms, 2 bedrooms, one bath and in-unit laundry except for U-1 in the back building. That apartment (U-1 R) has dedicated laundry in the basement and the second bedroom turned into an office. The buildings have a strong rental history and have been extremely well-maintained. All utilities for all apartments are separately metered. Heating systems are gas-fired hot water boilers and hot water tanks are all gas-fired. The exteriors, including fire escapes, are in excellent condition. An unbeatable East Cambridge location that makes for a very smart investment and offers options for investors and end-users. Group showings only. 4/25-4/26 from 4-5:30.
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Highlights
- Area: East Cambridge
- Property Type: 5-9 Family
- Year Built: 1894
- Property Class: Residential Income
- Total Rooms: 20
- Status: Closed
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Additional Details
- Basement: Full, Interior Entry, Unfinished
- Exterior Features: Rain Gutters, Garden
- Foundation: Stone
- Lot Features: Level
- Roof: Tar/Gravel, Rubber
- Year Built Details: Approximate
- Zoning: C-1
- Construction: Frame
- Flooring: Tile, Vinyl, Laminate, Hardwood
- Interior Features: Kitchen, Laundry Room
- Road Frontage Type: Public
- Total Number of Units: 5
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Public School, T-Station
- Parking Features: On Street
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,715,700
- Compensation Based On: Gross/Full Sale Price
- Rental Fee Includes: Unit 1(Water)
- Taxes: $10,157
- Buyer Agent Compensation: 2.5%
- Facilitator Compensation: 1%
- Tax Year: 2024
- Total Rent: $7,750
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