NOT LISTED FOR SALE
18 Beds
6 Baths
6,012 Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: March 19, 2025

Last sale price $3,740,000 $622 Per Sq Ft

161 Days on Market

Highlights

  • Medical Services
  • 0.12 Acre Lot
  • Jogging Path
  • Cambridgeport Rated A-
  • Property is near public transit and schools
  • 3-minute walk to Donnelly Field

About This Home

As of March 2025

417 Cardinal Medeiros Avenue offers the opportunity to acquire a fully leased investment Property in an incredible high-density, urban-infill, Cambridge neighborhood. The highly walkable location is a short walk from Kendall Square, Inman Square, the Green Line at the Union Square Station, MIT, MGH, the Charles River Esplanade, and Downtown Boston. 417 Cardinal Medeiros Avenue is a three-story multi-family building that contains a total of six units, comprised of two 4-Bedroom/1-Bathroom units, two 3-Bedroom/1-Bathroom units, and two 2-Bedroom/1-Bathroom units. The Property has undergone extensive renovations since acquisition, offering a turnkey investment with condo-quality upgrades throughout. Units feature new kitchens with granite countertops and stainless-steel appliances, including gas stoves and dishwashers, hardwood floors throughout, new bathrooms, and in-unit washers and dryers. Each of the units is separately metered for gas heat, hot water and electric.

Last Agent to Sell the Property

Dennis Kelleher

Horvath & Tremblay Listed on: 05/16/2024

Last Buyer's Agent

Shasha Chang

Peace of Mind Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,575

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • 6,012 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • Property is near public transit and schools
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $22,050
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 401414

Community Details

Overview

  • 6 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Operating Expense $41,282
  • Net Operating Income $223,318

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,575

Year Built

Built in 1900

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Levels: 3
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Washer, Dryer
  • Total Bedrooms: 18
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Unfinished
  • Above Grade Finished Sq Ft: 6012
  • Living Area: 6012
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2723
  • MAIN SO: AN5574

Exterior Features

  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Electric: Individually Metered
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 401414
  • Zoning: C-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 24
  • Tax Annual Amount: 17575

Multi Family

  • Net Operating Income: 223318
  • Number Of Units Total: 6
  • Operating Expense: 41282
  • Total Actual Rent: 22050
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Mar 19, 2025
Sold by
Bought by
Seller's Agent
Dennis Kelleher
Horvath & Tremblay
Buyer's Agent
Shasha Chang
Peace of Mind Realty
List Price
$4,000,000
Sold Price
$3,740,000
Premium/Discount to List
-$260,000
-6.5%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Outstanding Balance
$2,171,219
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 16, 2024
Closed on
Mar 12, 2025
Sold by
Bought by
Seller's Agent
Dennis Kelleher
Horvath & Tremblay
Buyer's Agent
Shasha Chang
Peace of Mind Realty
List Price
$4,000,000
Sold Price
$3,740,000
Premium/Discount to List
-$260,000
-6.5%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Outstanding Balance
$2,171,219
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 5, 2017
Closed on
Oct 3, 2017
Sold by
Bought by
Seller's Agent
Genie Ferreira
iCare Realty
Buyer's Agent
Genie Ferreira
iCare Realty
List Price
$3,000,000
Sold Price
$2,650,000
Premium/Discount to List
-$350,000
-11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$2,620,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2012
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,740,000 None Available
-- None Available
$2,650,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,200,000
Previous Owner $3,200,000
Closed $2,620,000
Previous Owner $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2025 03/19/25 Sold $3,740,000 -6.5% $622 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $4,000,000 0.0% $665 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $4,000,000 +50.9% $665 / Sq Ft
09/27/2017 09/27/17 Sold $2,650,000 -7.0% $440 / Sq Ft View Prior Sale
07/25/2017 07/25/17 Pending -- -- --
07/15/2017 07/15/17 Price Changed $2,849,000 0.0% $473 / Sq Ft
07/14/2017 07/14/17 Price Changed $2,850,000 -5.0% $473 / Sq Ft
06/05/2017 06/05/17 For Sale $3,000,000 -- $498 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,854 $3,599,000 $1,344,000 $2,255,000
2024 $17,679 $2,986,400 $1,374,000 $1,612,400
2023 $17,397 $2,968,800 $1,374,000 $1,594,800
2022 $16,357 $2,724,500 $1,284,000 $1,440,500
2021 $16,357 $2,796,000 $1,200,000 $1,596,000
2020 $14,886 $2,588,900 $1,170,000 $1,418,900
2019 $12,870 $2,166,700 $1,017,600 $1,149,100
2018 $11,605 $1,845,000 $885,000 $960,000
2017 $10,887 $1,677,500 $840,000 $837,500
2016 $10,470 $1,497,800 $642,000 $855,800
2015 $10,068 $1,287,500 $516,000 $771,500
2014 $9,671 $1,154,100 $480,000 $674,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73239171

MLS Property Information Network (MLS PIN)
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