2 Hingham St Cambridge, MA 02138
Riverside NeighborhoodEstimated payment $34,980/month
Total Views
855,127
20
Beds
16
Baths
8,160
Sq Ft
$759
Price per Sq Ft
Highlights
- Medical Services
- Property is near public transit and schools
- Corner Lot
- Deck
- Wood Flooring
- 1-minute walk to Wheeler Park
About This Home
RARE OPPORTUNITY! INVESTOR’S DREAM! TURNKEY EIGHT-UNITS PROPERTY W. EXCELLENT LOCATION AND HIGH RENTAL INCOME! This 3 level GEM nestles at a corner lot between Hingham St and Putnam Ave, including four townhouse-style units facing Hingham St, and four studio units with access from Putnam Ave. Each townhouse unit offers 3 levels of comfort living, first level features open concept living, dining area, kitchen and a half bathroom. Second floor hosts two bedrooms, and a full bathroom w. laundry unit. Top level boasts two bedrooms, including a master ensuite. Each studio apartment w. separated entrance features full kitchen and bathroom. All units are under leasing cycles as August 31st, w. total monthly rental income $32,450. Steps away from Charles River, Harvard Business School, Harvard Main Campus, near MIT, walking distance to Red Line Central Station, and quick access to Storrow Dr. and I90. Don’t miss out on this Rare Opportunity! GROUP SHOWING only.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,960
Year Built
- Built in 1920
Lot Details
- 3,808 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Tile Roof
- Stone
Interior Spaces
- Skylights
- Living Room
- Dining Room
- Partially Finished Basement
- Partial Basement
- Washer
Kitchen
- Freezer
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 20 Bedrooms
Parking
- On-Street Parking
- Open Parking
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
Additional Features
- Deck
- Property is near public transit and schools
Listing and Financial Details
- Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric gas water hot water), unit 3(heat electric gas water hot water), unit 4(heat electric gas water hot water)
- Assessor Parcel Number 408328
Community Details
Overview
- 8 Units
- Property has 3 Levels
Amenities
- Medical Services
- Shops
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $308,400
Map
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Home Values in the Area
Average Home Value in this Area
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 | $32,960 | $5,190,500 | $2,473,000 | $2,717,500 |
| 2024 | $31,449 | $5,312,400 | $2,528,200 | $2,784,200 |
| 2023 | $31,757 | $5,419,200 | $2,528,200 | $2,891,000 |
| 2022 | $28,936 | $4,887,800 | $2,362,600 | $2,525,200 |
| 2021 | $34,345 | $5,870,900 | $3,360,000 | $2,510,900 |
| 2020 | $31,258 | $5,436,200 | $3,276,000 | $2,160,200 |
| 2019 | $29,091 | $4,897,500 | $2,849,300 | $2,048,200 |
| 2018 | $27,646 | $4,395,300 | $2,478,000 | $1,917,300 |
| 2017 | $25,931 | $3,995,600 | $2,352,000 | $1,643,600 |
| 2016 | $24,942 | $3,568,200 | $1,797,600 | $1,770,600 |
| 2015 | $23,990 | $3,067,800 | $1,444,800 | $1,623,000 |
| 2014 | $14,502 | $1,730,600 | $896,000 | $834,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/25/2025 10/25/25 | For Sale | $6,195,000 | +69.1% | $759 / Sq Ft | |
| 06/13/2014 06/13/14 | Sold | $3,663,000 | +4.7% | $449 / Sq Ft | View Prior Sale |
| 05/14/2014 05/14/14 | Pending | -- | -- | -- | |
| 04/25/2014 04/25/14 | For Sale | $3,499,000 | -- | $429 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
About the Listing Agent
Nathan's Other Listings
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$695,000 Open Sat 11AM - 12:30PM
- 2 Beds
- 2 Baths
- 1,579 Sq Ft
- 9 Independence Ave
- Unit 307
- Braintree, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73447867
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.
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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