Sold!
$1,600,000
8
Beds
3
Baths
2,890
Living Area
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Property Description
Offers Encouraged! Check out this 5+% CAP with NO Vacancy for the past 10+ years Kendall Square Investment Opportunity! A package of **2 condos**, in a free-standing building, that functions like a 2 family, and part of a two building association. Fully leased with $9,000/month rent roll and room to grow, this package offers a fantastic opportunity to enter UNDER Assessed Value into an extremely high barrier to entry market. First floor duplex features over 1800sf of living space with 6 bedrooms, living and dining rooms, 2 baths and in-unit laundry. Second floor 2 bedroom features renovated kitchen, in-unit laundry, tall ceilings and wide pine floors. Two parking spaces (non-tandem) in driveway, private patio and common yard spaces too. Newer boilers, hot water tanks and strong association financials (more than $10k in reserves) too! Extensive rental history with zero vacancy and a prime location minutes to Kendall Square make for an ideal addition to any portfolio. Opportunity knocks!
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Highlights
- Area: Kendall Square
- Heating: Baseboard, Natural Gas
- Parking Spots: 2
- Property Type: Condominium
- Total Rooms: 14
- Year Built: 1905
- Cooling: Window Unit(s)
- HOA Fee: $517
- Property Class: Residential
- Stories: 3
- Unit Number: 1&2
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Exclusions: Tenant's Belongings.
- Flooring: Wood, Tile, Vinyl, Other
- SqFt Source: Public Record
- Year Built Details: Actual, Renovated Since
- Year Converted: 2016
- Basement: Y
- Exterior Features: Patio, Fenced Yard
- Roof: Shingle, Slate, Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
- Zoning: N/a
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, T-Station, University
- Parking Features: Off Street, Deeded, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,832,200
- HOA Fee Includes: Insurance, Maintenance Grounds, Snow Removal
- Taxes: $11,634
- HOA Fee Frequency: Monthly
- Tax Year: 2025
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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 Keller Williams Realty Boston Northwest.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
