Sold!
$2,200,000
8
Beds
6/1
Baths
4,334
Living Area
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Property Description
An excellent investment opportunity like this doesn’t come along everyday! Unique property comprised of two beautifully maintained, tastefully updated, two family homes on one lot in the Riverside area of Cambridge close to Whole Foods, MIT, Memorial Drive and the Charles River! Each home boasts a one bedroom, one bath, first level apartment and a three-bedroom, 2/2.5 bath second and third level apartment for a total of four rental properties with their own separate gas/electric utilities. Happy tenants enjoy the feel of a “real home” with eat-in kitchens featuring granite countertops and stainless steel appliances as well as open floor plans with dining/living rooms accented by warm hardwood floors, exceptional ceiling height, and plenty of windows to let in the light. All units have commodious bedrooms with closets and tiled bathrooms including a combination of shower/tub stalls, vanities, and storage cabinets. Fully occupied and efficiently managed this home is in a class by itself!
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Highlights
- Area: Riverside
- Parking Spots: 4
- Property Type: 4 Family - 4 Units Up/Down
- Year Built: 1886
- Heating: Baseboard, Natural Gas, Forced Air, Heat Pump
- Property Class: Residential Income
- Total Rooms: 19
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave
- Construction: Frame
- Flooring: Wood, Tile, Vinyl, Concrete, Other
- Interior Features: Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- Total Number of Units: 4
- Year Built Source: Public Records
- Basement: Full, Interior Entry, Concrete
- Exclusions: See Inclusion/Exclusion Sheet.
- Foundation: Stone, Brick/Mortar
- Lot Features: Level
- Roof: Shingle, Rubber
- Year Built Details: Approximate
- Zoning: C-1
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Amenities
- Community Features: Public Transportation, Park, Walk/Jog Trails, Conservation Area, Other
- Parking Features: Paved Drive, Off Street, On Street, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $3,043,600
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $18,018
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 2%
- Tax Year: 2024
- Total Rent: $11,700
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of eXp Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
