NOT LISTED FOR SALE

12 Lopez Ave Cambridge, MA 02141

East Cambridge Neighborhood
9 Beds
6 Baths
3,672 Sq Ft
3,060 Sq Ft Lot

Last Sold October 26, 2023

Last sale price $3,620,000 $986 Per Sq Ft

Highlights

  • Medical Services
  • 4-minute walk to Lechmere Station
  • Wood Flooring
  • 0.07 Acre Lot
  • Property is near public transit
  • 1-minute walk to Lopez Costa Taylor Park

About This Home

As of October 2023

12-14 Lopez Avenue is a fully occupied and completely gut-renovated 6-family property in booming East Cambridge. Comprised of three 1-bedroom and three 2-bedroom units, each apartment features central air, hardwood flooring, in-unit laundry, and brand-new Fisher & Paykel appliances. In perfect proximity to downtown Boston, Cambridge Crossing, Cambridgeside, Lechmere, and Kendall Square MBTA, this property makes for the ideal investment.

Last Agent to Sell the Property

William Senne

Senne Listed on: 09/17/2023

Senne

Last Buyer's Agent

Sherry Grancey

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,748

Year Built

  • Built in 1902

Lot Details

  • 3,060 Sq Ft Lot

Home Design

  • Brick Foundation
  • Rubber Roof
  • Cement Board or Planked

Interior Spaces

  • 3,672 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Bulkhead
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $19,900

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Operating Expense $41,777
  • Net Operating Income $197,022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,748

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1902
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 2.5%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Wood,Tile
  • Interior Amenities: Other (See Remarks)
  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Bulkhead, Unfinished
  • Living Area: 3672
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN6753
  • LIST PRICE PER Sq Ft: 1089.32
  • PRICE PER Sq Ft: 985.84
  • MAIN SO: BB5918

Exterior Features

  • Exterior Features: Patio
  • Construction Materials: Cement Board
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

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

Lot Info

  • Zoning: C-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3060
  • Lot Size Units: Acres
  • PAGE: 328
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13748
  • Tax Book Number: 73234

Multi Family

  • Gross Income: 238800
  • Net Operating Income: 197022
  • Number Of Units Total: 6
  • Operating Expense: 41777
  • Total Actual Rent: 19900
  • 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: 1
  • FLRS 4: 1
  • FLRS 3: 3
  • FLRS 2: 2

Range of Values:

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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
10/26/2023 10/26/23 Sold $3,620,000 -9.5% $986 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
09/17/2023 09/17/23 For Sale $4,000,000 -- $1,089 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • William Senne

    Seller's Agent in 2023

    William Senne

    Senne

    (617) 775-4655

    4 in this area

    117 Total Sales

    Section Image
  • Sherry Grancey

    Buyer's Agent in 2023

    Sherry Grancey

    Gibson Sothebys International Realty

    (617) 470-1401

    2 in this area

    29 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73160280

MLS Property Information Network (MLS PIN)

Massachusetts Middlesex County Cambridge 02141 East Cambridge

12 Lopez Ave, Cambridge, MA

This home is located at 12 Lopez Ave, Cambridge, MA 02141 since 17 September 2023. This property was built in 1902. 12 Lopez Ave is a home located in Middlesex County with nearby schools including Community Charter School of Cambridge and Boston Children's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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