$1,680,000
7
Beds
4
Baths
2,393
Living Area
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Property Description
Offer Accepted pending Insp. Taking Back Offers. .A dream location for investors, developers, or end-users. Perfectly positioned adjacent to Central Square, Kendall Square and MIT in the vibrant Port neighborhood, this attached two-family presents a rare opportunity to secure strong income today with long-term upside in one of the city’s most coveted corridors. Conveniently tucked away on a private way, this multi-family offers approximately 3,642 square feet across two units, featuring a total of 7 bedrooms and 2 full baths. The property currently generates impressive rental income of $4,000 per month for one unit and $4,500 per month for the other — delivering $102,000 in annual gross income from day one. Filled with natural light and brimming with potential, the layout provides flexibility for continued investment, strategic renovation, condo conversion, or owner-occupancy with substantial rental offset.
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Highlights
- Area: Area 4-The Port
- Heating: Oil, Central, Forced Air
- Parking Spots: 2
- Property Type: 2 Family - 2 Units Side by Side
- Total Rooms: 14
- Status: Closed
- Cooling: Central Air
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1900
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Freezer, Washer, Dryer, Refrigerator
- Construction: Frame
- Foundation Area: 957
- Road Frontage Type: Private Road
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Dirt Floor, Unfinished
- Foundation: Block, Stone
- Interior Features: Storage, Living Room, Kitchen, Office/Den
- SqFt Source: Measured
- Year Built Details: Renovated Since
- Zoning: C-1
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, House of Worship, Public School, T-Station, University
- Parking Features: Paved Drive
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Utilities
- Electric: 220 Volts, Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,053,300
- Tax Year: 2024
- Total Rent: $8,500
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $3,510
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Listing information provided courtesy of Hope Real Estate Enterprises.
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