NOT LISTED FOR SALE
10 Beds
5 Baths
4,263 Sq Ft
3,485 Sq Ft Lot

Last Sold September 04, 2024

Last sale price $2,465,000 $578 Per Sq Ft

6 Days on Market

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 2024

Rare 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.

Last Agent to Sell the Property

Bill Aibel

Coldwell Banker Realty - Cambridge Listed on: 04/23/2024

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Siyin Qu

eXp Realty

eXp Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,157

Year Built

Built in 1894

Lot Details

3,699 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1894
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Tile, Vinyl, Laminate, Hardwood
  • Interior Amenities: Kitchen, Laundry Room
  • Fireplace YN: No
  • Total Bedrooms: 10
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 4263
  • Spa YN: No
  • Stories Total: 9
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • MAIN SO: AC0342

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Roof: Tar/Gravel, Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Electric: 100 Amp Service
  • Water Source: Public
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Public School, T-Station
  • Rent Includes: Unit 1(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00026 L:00005,400593
  • Zoning: C-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3699
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10157

Multi Family

  • Net Operating Income: 99800
  • Number Of Units Total: 5
  • Operating Expense: 22000
  • Total Actual Rent: 7750
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3
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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 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

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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73227341

MLS Property Information Network (MLS PIN)

APN: CAMB M:00026 L:00005

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