$1,550,000
SOLD MAR 15, 2024
6 Beds
3 Baths
3,268 Sq Ft
3,975 Sq Ft Lot

Recently Sold

$474 Per Sq Ft

3% Above List Price

3 Days on Market

Highlights

  • 1 Fireplace
  • Home Office
  • Living Room
  • Mud Room
  • Enclosed patio or porch
  • 4-minute walk to Raymond Park

About This Home

As of October 2024

Discover the potential of this rare 3-family home. Whether you're an investor looking for rental income or a homeowner seeking a multi-family property, this is your chance to own a piece of Cambridge real estate. Both 1st floor units have 1 bedroom with plenty of storage space. The second floor unit offers a large eat in kitchen, dining room, laundry room and living room. This unit also has bedrooms on 2nd level and 3rd level. Benefit from the attractive rental income potential with three separate units. Bring your ideas and creativity to transform this into a modern and lucrative investment. Consider updates to kitchens, bathrooms, and common areas to maximize appeal. Come view this property Saturday and Sunday 2/10 & 2/11 11am to 1PM.

Last Agent to Sell the Property

Lisa Benoit

ERA Key Realty Services Listed on: 02/08/2024

ERA Key Realty Services

Last Buyer's Agent

Lisa Benoit

ERA Key Realty Services Listed on: 02/08/2024

ERA Key Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,060

Year Built

  • Built in 1898

Lot Details

  • 3,975 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,268 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Mud Room
  • Living Room
  • Dining Room
  • Home Office

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch

Listing and Financial Details

  • Total Actual Rent $1,690
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:00201 L:00033,414523

Community Details

Overview

  • 3 Units

Building Details

  • Water Sewer Expense $1,540
  • Operating Expense $1,540
  • Net Operating Income $20,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,060

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1898
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Vinyl, Carpet
  • Interior Amenities: Kitchen, Mudroom, Living Room, Dining Room, Laundry Room, Office/Den
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3268
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: K95310
  • LIST PRICE PER Sq Ft: 458.94
  • PRICE PER Sq Ft: 474.3
  • MAIN SO: K95310

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1540

Lot Info

  • Parcel Number: M:00201 L:00033,414523
  • Zoning: C-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3975
  • Lot Size Units: Acres
  • PAGE: 424
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9060
  • Tax Book Number: 64711

Multi Family

  • Gross Income: 20280
  • Net Operating Income: 20280
  • Number Of Units Total: 3
  • Operating Expense: 1540
  • Total Actual Rent: 1690
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2019
Sold by
Hawkins Elva D
Bought by
Elva D Hawkins T
Current Estimated Value
$1,899,000
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,733,720 Purchase Money Mortgage
Closed $2,733,720 Purchase Money Mortgage
Previous Owner $938,250 Adjustable Rate Mortgage/ARM
Previous Owner $544,185 No Value Available
Previous Owner $10,000 No Value Available
Previous Owner $15,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 Sold $1,755,000 -6.9% $537 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $1,886,000 +21.7% $577 / Sq Ft
03/15/2024 03/15/24 Sold $1,550,000 +3.3% $474 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $1,499,828 -- $459 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $9,695 $1,526,700 $757,200 $769,500
2024 $9,060 $1,530,400 $789,300 $741,100
2023 $8,642 $1,474,700 $807,200 $667,500
2022 $8,258 $1,394,900 $792,000 $602,900
2021 $8,086 $1,382,200 $775,200 $607,000
2020 $7,836 $1,362,800 $767,500 $595,300
2019 $7,282 $1,225,900 $665,900 $560,000
2018 $7,038 $1,118,900 $616,800 $502,100
2017 $7,208 $1,110,700 $588,800 $521,900
2016 $7,716 $1,103,900 $508,100 $595,800
2015 $7,073 $904,500 $399,500 $505,000
2014 $6,568 $783,800 $332,900 $450,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73200637

MLS Property Information Network (MLS PIN)

APN: CAMB-000201-000000-000033