$1,650,000
5
Beds
3/1
Baths
2,750
Living Area
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Property Description
A unique opportunity with two free-standing homes nestled on a corner lot, just a few blocks from the vibrant Kendall Square/ Technology Square at MIT. One residence, constructed in 1999 and designed by architect Boyes Watson features a distinctive layout, while the other free-standing house is the original antique home ready for a modern touch. This property presents an excellent project for a developer, offering the potential to convert into condominiums for separate sales, create a multi-generational family property, or for a savvy investor. Currently, the front house is tenant-occupied, providing immediate rental income ($3750 per month) while the back house stands vacant, offering flexibility for various possibilities.
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Highlights
- Area: Kendall Square
- Property Class: Residential Income
- Total Rooms: 11
- Status: Closed
- Parking Spots: 3
- Property Type: Multi Family
- Year Built: 1874
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Additional Details
- Basement: Full, Partially Finished, Interior Entry
- Exclusions: Tenants Personal Belongings
- Flooring: Wood, Tile, Vinyl, Carpet, Hardwood
- Lot Features: Corner Lot
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: C-1
- Construction: Frame
- Exterior Features: Garden
- Foundation: Concrete Perimeter, Stone, Brick/Mortar
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, T-Station, University
- Parking Features: Off Street, Driveway, Paved
- Covered Parking Spaces: 1
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,877,900
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Total Rent: $3,750
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 2%
- Taxes: $11,004
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Listing information provided courtesy of Phoenix Real Estate.
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