
Seller's Agent in 2023
John Pentore
Horvath & Tremblay
(781) 484-8166
2 in this area
47 Total Sales
81-91 Winter St is an excellent opportunity to acquire a fully leased investment property with significant upside in an exceptional, urban-infill location at a 5.41% Cap Rate on current income. The highly-walkable East-Cambridge location is a short walk from the Green Line at the New Lechmere Station (0.3 miles), Cambridge Crossing, Kendall Square, MIT, MGH and Downtown Boston. 81-91 Winter St consists of 3 adjacent multi-family buildings and 1 private parking lot with 4 spaces. The Property contains a total of thirteen units, comprised of one Studio unit, two 1-Bedroom/1-Bathroom units, four 2-Bedroom/1-Bathroom units, one 3-Bedroom/1-Bathroom unit, four 3-Bedroom/3-Bathroom townhouse units, and one 4-Bedroom/2-Bathroom unit. All of the units are separately metered for heat, hot water and electric. Both 83 and 85-87 Winter Street have new roofs and new siding, as well as new heating systems throughout (individual boilers and gas meters) in addition to renovated units.
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/30/2023 06/30/23 | Sold | $7,200,000 | -6.5% | $572 / Sq Ft |
04/25/2023 04/25/23 | Pending | -- | -- | -- |
02/22/2023 02/22/23 | For Sale | $7,700,000 | -- | $612 / Sq Ft |
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 | $404 | $63,600 | $63,600 | $0 |
2024 | $392 | $66,300 | $66,300 | $0 |
2023 | $371 | $63,300 | $63,300 | $0 |
2022 | $375 | $63,300 | $63,300 | $0 |
2021 | $5,760 | $61,500 | $61,500 | $0 |
2020 | $361 | $62,700 | $62,700 | $0 |
2019 | $25,987 | $61,500 | $61,500 | $0 |
2018 | $5,977 | $51,000 | $51,000 | $0 |
2017 | $296 | $45,600 | $45,600 | $0 |
2016 | $250 | $35,700 | $35,700 | $0 |
2015 | $239 | $30,600 | $30,600 | $0 |
2014 | $199 | $23,700 | $23,700 | $0 |
Seller's Agent in 2023
John Pentore
Horvath & Tremblay
(781) 484-8166
2 in this area
47 Total Sales
Buyer's Agent in 2023
Shasha Chang
Peace of Mind Realty
(617) 642-6458
1 in this area
41 Total Sales
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73081151
APN: CAMB-000022-000000-000026