NOT LISTED FOR SALE

Estimated Value: $1,588,000 - $2,522,000

6 Beds
3 Baths
4,118 Sq Ft
$471/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $1,475,000 $358 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $11,684/month

94 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Cooling Available
  • Wood Flooring
  • Community Pool
  • 2-minute walk to Donnelly Field

About This Home

As of April 2023

Welcome to East Cambridge! Brick 3-family on a corner lot. Great opportunity for rental income or for owner to occupy one unit and rent out the rest! Unit 1 includes the finished basement with open plan living room and kitchen. This unit also includes 2 bedrooms, 1 full bathroom, and a bonus sitting room. Units 2 and 3 share similar floor plans with 2 bedrooms, dining room, living room, and full bath. Property is situated .5 mile from Union Square T station, close to Rte. 93 and Mass General Hospital. Enjoy the newly built Cambridge Public Library that is located directly across the street. Have the benefit of all activities near the Charles River, including boating, trails, and the numerous restaurants and shops of Inman, Harvard and Union squares.

Last Agent to Sell the Property

Robert Kraemer

Fiv Realty Co. Listed on: 10/27/2022

Co-Listed By

Patricia Delano

Kadilak Realty Group, LLC License #449594449

Last Buyer's Agent

Greg McCarthy

Riverfront REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,891

Year Built

  • Built in 1903

Lot Details

  • 1,075 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • 4,118 Sq Ft Home
  • Finished Basement
  • Block Basement Construction
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 3 Cooling Zones
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $5,900
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:00036 L:00028,401247

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Community Pool

Building Details

  • Net Operating Income $70,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,891

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1903
  • Buyer Agency: 2.25%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Concrete,Laminate,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(High Speed Internet Hookup,Bathroom With Tub & Shower), Unit 2(High Speed Internet Hookup), Unit 3(High Speed Internet Hookup), Unit 1 Rooms(Living Room,Kitchen,Living RM/Dining RM Combo,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Unit 1(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room, Washer Hookup, Unit 1 Laundry Room
  • Basement: Finished, Concrete
  • Living Area: 4118
  • Stories Total: 6
  • MAIN LO: AN5001
  • LIST PRICE PER Sq Ft: 388.54
  • PRICE PER Sq Ft: 358.18
  • MAIN SO: NB3861

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Stone, Brick/Mortar
  • 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
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air)
  • Heating: Unit 1(Central Heat), Unit 2(Central Heat), Unit 3(Central Heat)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Laundromat, Highway Access, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: M:00036 L:00028,401247
  • Zoning: BA
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.02
  • Lot Size Area: 0.02
  • Lot Size Sq Ft: 1075
  • Lot Size Units: Acres
  • PAGE: 75
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6891
  • Tax Book Number: 60147

Multi Family

  • Gross Income: 70800
  • Net Operating Income: 70800
  • Number Of Units Total: 3
  • Total Actual Rent: 5900
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • COOLING UNITS: 3
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

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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

Mortgage History

Date Status Borrower Loan Amount
Closed 871 Cambridge Street Llc $1,600,000
Closed Bsm T $585,200
Closed Bsm T $520,000
Closed Mcmanus Richard G $115,000
Closed Mcmanus Richard G $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $1,475,000 -7.8% $358 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/20/2023 01/20/23 Price Changed $1,600,000 -11.1% $389 / Sq Ft
10/27/2022 10/27/22 For Sale $1,800,000 -- $437 / 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 $9,566 $1,506,500 $497,300 $1,009,200
2024 $7,808 $1,318,900 $539,900 $779,000
2023 $7,132 $1,217,100 $515,500 $701,600
2022 $6,891 $1,164,100 $530,200 $633,900
2021 $6,777 $1,158,500 $520,200 $638,300
2020 $6,600 $1,147,800 $525,100 $622,700
2019 $6,541 $1,101,100 $515,100 $586,000
2018 $5,999 $953,700 $427,100 $526,600
2017 $6,031 $929,300 $381,900 $547,400
2016 $5,615 $803,300 $299,000 $504,300
2015 $5,429 $694,300 $256,300 $438,000
2014 $5,021 $599,200 $198,500 $400,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73052837

MLS Property Information Network (MLS PIN)

APN: CAMB-000036-000000-000028