NOT LISTED FOR SALE

162 5th St Cambridge, MA 02141

East Cambridge Neighborhood
6 Beds
5 Baths
3,264 Sq Ft
3,904 Sq Ft Lot

Last Sold April 05, 2024

Last sale price $1,730,000 $530 Per Sq Ft

6 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Community Pool
  • 0.09 Acre Lot
  • Wood Flooring
  • 1-minute walk to Hurley Street Park

About This Home

As of April 2024

Looking for your next project? Situated in a prime location within the triangle of Cambridge Crossing, Kendall Square, and the newly revamped CambridgeSide Galleria, 162 5th lies on a quiet residential street in the heart of a rapidly developing neighborhood. In the C-1 zoning district, you have the flexibility to explore various renovation plans to maximize your return and leverage the momentum of other gut renovations and new builds currently underway on 5th and adjacent streets. Future buyers and renters will delight in the numerous parks and playgrounds and easy access to major bus routes, Red and Green train lines, 90/93/Route 1, and Storrow and Memorial Drive. Enjoy a plethora of cafes, eateries, grocery stores, retail shops, breweries, and even a movie theater, all within a half mile! Proximity to the Broad Institute, Moderna, MIT, and other reputable institutions with a premium workforce make local commutes a breeze and demand for nearby housing high. Get in on the action!

Last Agent to Sell the Property

The Denman Group

Compass Listed on: 02/05/2024

Compass

Co-Listed By

Logan Jacobs

Compass

Last Buyer's Agent

The Denman Group

Compass Listed on: 02/05/2024

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,272

Year Built

  • Built in 1910

Lot Details

  • 3,904 Sq Ft Lot
  • Property fronts an easement
  • Fenced

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 3,264 Sq Ft Home
  • Living Room
  • Unfinished Basement
  • Dirt Floor
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Cambridgeport Elementary School
  • Upper Middle School
  • Rindge & Latin High School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • 60 Amp Service

Listing and Financial Details

  • Total Actual Rent $5,400
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number 400718

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Building Details

  • Electric Expense $300
  • Insurance Expense $6,000
  • Water Sewer Expense $1,600
  • Operating Expense $7,900
  • Net Operating Income $56,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,272

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Side by Side
  • Year Built: 1910
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker: 2.5%
  • Transaction Broker Type: %
  • Year Built Details: Approximate,Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Vinyl, Carpet, Varies, Hardwood
  • Interior Amenities: Bathroom with Shower Stall, Bathroom With Tub & Shower, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Dirt Floor, Unfinished
  • Living Area: 3264
  • Spa YN: No
  • Stories Total: 9
  • Window Features: Box/Bay/Bow Window(s)
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 528.49
  • PRICE PER Sq Ft: 530.02
  • MAIN SO: AN2383

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Patio - Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle, Rubber
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Heating: Baseboard, Natural Gas
  • Electric: Circuit Breakers, 60 Amps/Less, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 5
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1600

Lot Info

  • Parcel Number: 400718
  • Zoning: C-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3904
  • Lot Size Units: Acres
  • PAGE: 235
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11272
  • Tax Book Number: 52750

Multi Family

  • Electric Expense: 300
  • Gross Income: 64800
  • Insurance Expense: 6000
  • Net Operating Income: 56900
  • Number Of Units Total: 5
  • Operating Expense: 7900
  • Total Actual Rent: 5400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

MLS Schools

  • High School: Rindge & Latin
  • Elementary School: Cambridgeport
  • Middle Or Junior School: Upper School

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
04/05/2024 04/05/24 Sold $1,730,000 +0.3% $530 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $1,725,000 -- $528 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • The Denman Group

    Seller's Agent in 2024

    The Denman Group

    Compass

    (617) 518-4570

    9 in this area

    663 Total Sales

    The Denman Group
    Section Image
  • Logan Jacobs

    Seller Co-Listing Agent in 2024

    Logan Jacobs

    Compass

    (774) 573-0941

    1 in this area

    10 Total Sales

    Logan Jacobs
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73199465

MLS Property Information Network (MLS PIN)

Massachusetts Middlesex County Cambridge 02141 East Cambridge

162 5th St, Cambridge, MA

This home is located at 162 5th St, Cambridge, MA 02141 since 05 February 2024. This property was built in 1910. 162 5th St is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School and Community Charter School of Cambridge.

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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