$4,600,000

Estimated payment $28,681/month

Total Views 3,871
19 Beds
12 Baths
11,078 Sq Ft
$415 Price per Sq Ft

Highlights

  • Medical Services
  • Property is near public transit
  • Jogging Path
  • 0.12 Acre Lot
  • Corner Lot
  • 4-minute walk to Arthur J. Shallow Playground

About This Home

PRICE IMPROVEMENT - 115 Hampshire St is a nine-unit mixed-use building in the Inman Square neighborhood of Cambridge, Massachusetts. The professionally managed asset features three retail units on the ground floor, as well as six residential apartments on the second and third floors. The retail units consist of a cafe, a laundromat, and a convenience store. The property is well maintained, and many of the units have been updated to stainless steel appliances and granite countertops in the kitchens The property is a 15-minute walk to Kendall Square and a 20-minute walk to Harvard Square. The property also sits ideally located between Harvard, it’s 21,000 students, and MIT and it’s 11,300 students. The Green Line Extension in Somerville’s Union Square is a mere 15-minute walk giving quick access to Medford, Cambridge Crossing, and Boston’s western neighborhoods, like Allston and Brighton. ****24 hours notice. All units occupied. Tours Monday - Friday 10am -4:30pm ONLY.****

Listing Agent

Kendin Carr

Kendin Carr Listed on: 07/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $50,080

Year Built

  • Built in 1900

Lot Details

  • 5,311 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Parking Spaces

Home Design

  • 11,078 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 19 Bedrooms

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number M:00079 L:00025

Community Details

Overview

  • 9 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Operating Expense $116,303
  • Net Operating Income $273,691

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$50,080

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Levels: 5
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 19
  • Full Bathrooms: 8
  • Half Bathrooms: 4
  • Total Bathrooms: 12
  • Total Bathrooms: 10
  • Above Grade Finished Sq Ft: 11078
  • Living Area: 11078
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN5547
  • LIST PRICE PER Sq Ft: 415.24
  • PRICE PER Sq Ft: 415.24

Exterior Features

  • Foundation Details: Block
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00079 L:00025
  • Zoning: C1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5311
  • Lot Size Units: Acres
  • PAGE: 586

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 50079.72
  • Tax Book Number: 55307

Multi Family

  • Gross Income: 389993
  • Net Operating Income: 273691
  • Number Of Units Total: 9
  • Operating Expense: 116303
  • Total Actual Rent: 32732
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 2
  • FLRS 4: 3
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $4,600,000 -- $415 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73405265

MLS Property Information Network (MLS PIN)