NOT LISTED FOR SALE

5 Western Ave Cambridge, MA 02139

Riverside Neighborhood

12 Beds

6 Baths

6,687 Sq Ft

3,920 Sq Ft Lot

Date Sold: May 22, 2014

Last sale price $2,210,000 $330 Per Sq Ft

34 Days on Market

About This Home

As of May 2014

Calling investors - buy and keep as a cash cow or convert to condos! Solid, well maintained 6-family with great rental history, separate systems and a good rubber roof (new in '07). The 3 units in the front of the building have 5 rooms/2 bedrooms and the 3 units in the rear have 4 rooms/2 bedrooms. All units have leases through 8/31 except 1, and that one goes through 12/31. Current rent roll is $7,900, which could be increased significantly. Each unit has its own boiler (Burnham boilers were replaced in 06 and 07), water heater and electrical panel. Close to MIT and bustling Central Square, with its restaurants, shops and MBTA red line! Group showings on Friday, 3/21 from 12 to 1:30, 3/22 & 3/23 from 12:30 to 2, 3/24 from 12:30 to 1:30 and 3/25 from 11 to 12. Seller will review any offers Tuesday, March 25th at 3pm. Please download attached brochure for detailed income and expense data.

Last Agent to Sell the Property

Lisa Drapkin

Compass Listed on: 03/19/2014

Last Buyer's Agent

Steven Rosen

Rysen Real Estate

Property Details

Home Type

Multi-Family

Year Built

1915

Lot Details

3,920 Sq Ft Lot

Listing Details

Lot Description: Level
Other Agent: 2.50
Special Features: None
Property Sub Type: MultiFamily
Stories: 5
Year Built: 1915

Interior Features

Has Basement: Yes
Number of Rooms: 23
Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Electric: Circuit Breakers, 60 Amps/Less, Individually Metered
Energy: Insulated Windows, Storm Windows
Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet, Hardwood, Vinyl / VTC
Basement: Full, Walk Out, Interior Access

Exterior Features

Roof: Rubber
Construction: Frame
Exterior: Shingles, Asbestos
Foundation: Fieldstone, Brick

Garage/Parking

Parking: On Street Permit
Parking Spaces: 0

Utilities

Heat Zones: 6
Hot Water: Natural Gas, Tank

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Property History

Date	Event	Price	List to Sale	Price per Sq Ft
05/22/2014 05/22/14	Sold	$2,210,000	+10.5%	$330 / Sq Ft
04/22/2014 04/22/14	Pending	--	--	--
03/19/2014 03/19/14	For Sale	$2,000,000	--	$299 / Sq Ft

Source: MLS Property Information Network (MLS PIN)

Agents Affiliated with this Home

Seller's Agent in 2014

Lisa Drapkin

Compass

(617) 930-1288

7 in this area

80 Total Sales

Lisa Drapkin
S

Buyer's Agent in 2014

Steven Rosen

Rysen Real Estate

(781) 828-8223

4 Total Sales

Steven Rosen

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71647323

Massachusetts Middlesex County Cambridge 02138 Riverside

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