2 Hingham St
$6,250,000
20
Beds
12/4
Baths
8,160
Sqft
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$6,250,000
20
Beds
12/4
Baths
8,160
Living Area
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Property Description
RARE OPPORTUNITY! INVESTOR’S DREAM! TURNKEY EIGHT-UNITS PROPERTY W. EXCELLENT LOCATION AND HIGH RENTAL INCOME! This 3 level GEM nestles at a corner lot between Hingham St and Putnam Ave, including four townhouse-style units facing Hingham St, and four studio units with access from Putnam Ave. Each townhouse unit offers 3 levels of comfort living, first level features open concept living, dining area, kitchen and a half bathroom. Second floor hosts two bedrooms, and a full bathroom w. laundry unit. Top level boasts two bedrooms, including a master ensuite. Each studio apartment w. separated entrance features full kitchen and bathroom. All units are under leasing cycles as August 31st, w. total monthly rental income $32,450. Steps away from Charles River, Harvard Business School, Harvard Main Campus, near MIT, walking distance to Red Line Central Station, and quick access to Storrow Dr. and I90. Don’t miss out on this Rare Opportunity! GROUP SHOWING only.
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Highlights
- Cooling: Window Unit(s)
- Levels: 13
- Property Type: 5-9 Family
- Total Rooms: 36
- Status: Active
- Heating: Baseboard, Natural Gas
- Property Class: Residential Income
- Stories: 13
- Year Built: 1920
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Additional Details
- Appliances: Dishwasher, Freezer, Washer, Refrigerator
- Construction: Frame, Stone
- Foundation: Stone
- Lot Features: Corner Lot
- Roof: Tile
- Total Number of Units: 8
- Year Built Source: Public Records
- Basement: Partial, Partially Finished
- Flooring: Tile, Vinyl, Hardwood
- Interior Features: Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: C-1
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station, University
- Parking Features: On Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $5,190,500
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Heat, Electric, Gas, Water, Hot Water), Unit 2(Heat, Electric, Gas, Water, Hot Water), Unit 3(Heat, Electric, Gas, Water, Hot Water), Unit 4(Heat, Electric, Gas, Water, Hot Water)
- Taxes: $32,960
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Tax Year: 2025
- Total Rent: $23,600
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Listing information provided courtesy of Coldwell Banker Realty - Cambridge.
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