Seller's Agent in 2024
Bill Aibel
Coldwell Banker Realty - Cambridge
(617) 840-6351
2 in this area
81 Total Sales
144 Spring St Cambridge, MA 02141
East Cambridge Neighborhood
10
Beds
5
Baths
4,263
Sq Ft
3,699
Sq Ft Lot
Highlights
- 0.08 Acre Lot
- Wood Flooring
- Shops
- Property is near public transit and schools
- Patio
- 2-minute walk to Hurley Street Park
About This Home
As of September 2024Rare opportunity in a thriving East Cambridge neighborhood close to Kendall to own a 5 unit parcel that consists of 2 separate buildings (front and back with green space in between). The front building is a flat-roof triple decker with 3 units and the rear building is a 2 family. The units have slightly different layouts but all have 4 rooms, 2 bedrooms, one bath and in-unit laundry except for U-1 in the back building. That apartment (U-1 R) has dedicated laundry in the basement and the second bedroom turned into an office. The buildings have a strong rental history and have been extremely well-maintained. All utilities for all apartments are separately metered. Heating systems are gas-fired hot water boilers and hot water tanks are all gas-fired. The exteriors, including fire escapes, are in excellent condition. An unbeatable East Cambridge location that makes for a very smart investment and offers options for investors and end-users. Group showings only. 4/25-4/26 from 4-5:30.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,157
Year Built
- Built in 1894
Lot Details
- 3,699 Sq Ft Lot
- Level Lot
- Garden
Home Design
- Stone Foundation
- Frame Construction
- Tar and Gravel Roof
- Rubber Roof
Interior Spaces
- 4,263 Sq Ft Home
- Insulated Windows
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- On-Street Parking
- Open Parking
Outdoor Features
- Patio
- Rain Gutters
Location
- Property is near public transit and schools
Utilities
- 5 Heating Zones
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $7,750
- Rent includes unit 1(water)
- Assessor Parcel Number M:00026 L:00005,400593
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Shops
Building Details
- Operating Expense $22,000
- Net Operating Income $99,800
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/04/2024 09/04/24 | Sold | $2,465,000 | +4.9% | $578 / Sq Ft |
| 04/30/2024 04/30/24 | Pending | -- | -- | -- |
| 04/23/2024 04/23/24 | For Sale | $2,350,000 | -- | $551 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,818 | $1,861,100 | $1,023,800 | $837,300 |
| 2024 | $10,157 | $1,715,700 | $977,600 | $738,100 |
| 2023 | $9,228 | $1,574,700 | $933,200 | $641,500 |
| 2022 | $9,032 | $1,525,600 | $940,700 | $584,900 |
| 2021 | $8,535 | $1,459,000 | $923,100 | $535,900 |
| 2020 | $8,221 | $1,429,800 | $931,800 | $498,000 |
| 2019 | $8,080 | $1,360,300 | $914,000 | $446,300 |
| 2018 | $12,028 | $1,173,900 | $757,900 | $416,000 |
| 2017 | $7,098 | $1,093,700 | $677,700 | $416,000 |
| 2016 | $6,171 | $882,900 | $530,500 | $352,400 |
| 2015 | $5,789 | $740,300 | $424,500 | $315,800 |
| 2014 | $5,246 | $626,000 | $328,800 | $297,200 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Aibel
-
Siyin Qu
Buyer's Agent in 2024
Siyin Qu
eXp Realty
(888) 854-7493
3 in this area
34 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73227341
APN: CAMB M:00026 L:00005
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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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