$1,730,000
6
Beds
5
Baths
3,264
Living Area
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Property Description
Looking for your next project? Situated in a prime location within the triangle of Cambridge Crossing, Kendall Square, and the newly revamped CambridgeSide Galleria, 162 5th lies on a quiet residential street in the heart of a rapidly developing neighborhood. In the C-1 zoning district, you have the flexibility to explore various renovation plans to maximize your return and leverage the momentum of other gut renovations and new builds currently underway on 5th and adjacent streets. Future buyers and renters will delight in the numerous parks and playgrounds and easy access to major bus routes, Red and Green train lines, 90/93/Route 1, and Storrow and Memorial Drive. Enjoy a plethora of cafes, eateries, grocery stores, retail shops, breweries, and even a movie theater, all within a half mile! Proximity to the Broad Institute, Moderna, MIT, and other reputable institutions with a premium workforce make local commutes a breeze and demand for nearby housing high. Get in on the action!
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Highlights
- Heating: Baseboard, Natural Gas
- Property Type: 5+ Family - 5+ Units Side by Side
- Year Built: 1910
- Property Class: Residential Income
- Total Rooms: 16
- Status: Closed
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Stone, Brick/Mortar
- Lot Features: Easements
- Roof: Shingle, Rubber
- Year Built Details: Approximate, Unknown/Mixed
- Zoning: C-1
- Basement: Dirt Floor, Unfinished
- Flooring: Vinyl, Carpet, Varies, Hardwood
- Interior Features: Bathroom with Shower Stall, Bathroom With Tub & Shower, Living Room, Kitchen
- Road Frontage Type: Public
- Total Number of Units: 5
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: On Street
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Utilities
- Electric: Circuit Breakers, 60 Amps/Less, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,904,100
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $11,272
- Buyer Agent Compensation: 2.5%%
- Facilitator Compensation: 2.5%%
- Tax Year: 2024
- Total Rent: $5,400
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