NOT LISTED FOR SALE
6 Beds
5 Baths
2,426 Sq Ft
1,850 Sq Ft Lot

Sale Details

Date Sold: August 17, 2021

Last sale price $1,625,000 $670 Per Sq Ft

7 Days on Market

Highlights

  • Medical Services
  • Property is near public transit and schools
  • Tennis Courts
  • Cambridgeport Rated A-
  • Corner Lot
  • 2-minute walk to Hurley Street Park

About This Home

As of August 2021

A perfect property for that savvy investor! A well maintained multi family home located a third of a mile from Kendall Square and Lechmere Station. Each unit has been meticulously updated and has a strong rental history. With 2426 square feet of living space the property boasts six bedrooms and five bathrooms. Grossing $93,600 in rental income in 2020. Group showings will take place on Thursday June 17th from 12-1, Saturday 12-1 and Sunday 12-1. Please call and confirm your appointment.

Last Agent to Sell the Property

Austyn Cwiertniewicz

Coldwell Banker Realty - Cambridge Listed on: 06/16/2021

Coldwell Banker Realty - Cambridge

Co-Listed By

Travers Peterson

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

The Team - Real Estate Advisors

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,301

Year Built

  • Built in 1905 | Remodeled

Lot Details

  • 1,850 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,426 Sq Ft Home
  • Insulated Windows
  • Insulated Doors

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

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

Utilities

  • No Cooling
  • 4 Heating Zones
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Rain Gutters
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $7,800
  • Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric gas water hot water), unit 3(heat electric gas water hot water), unit 4(heat electric gas water hot water)
  • Assessor Parcel Number 400472

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park
  • Jogging Path

Building Details

  • Electric Expense $1,920
  • Insurance Expense $2,000
  • Water Sewer Expense $1,392
  • Operating Expense $17,273
  • Net Operating Income $76,327

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,301

Year Built

Built in 1905 | Remodeled

Lot Details

1,850 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled, Unit 4 Remodeled
  • Year Built: 1905
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 8

Interior Features

  • Flooring: Tile,Vinyl
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 4(Bathroom With Tub & Shower), Unit 1 Rooms(Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Interior Entry, Concrete
  • Living Area: 2426
  • Stories Total: 8
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Stone
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Cooling: Unit 1(None), Unit 4(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas), Unit 4(Forced Air,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 4

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Heat,Electric,Gas,Water,Hot Water), Unit 2(Heat,Electric,Gas,Water,Hot Water), Unit 3(Heat,Electric,Gas,Water,Hot Water), Unit 4(Heat,Electric,Gas,Water,Hot Water)

Fee Information

  • Water Sewer Expenses: 1392

Lot Info

  • Parcel Number: 400472
  • Zoning: C1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1850
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5301.27

Multi Family

  • Electric Expense: 1920
  • Insurance Expense: 2000
  • Net Operating Income: 76327
  • Number Of Units Total: 4
  • Operating Expense: 17273
  • Total Actual Rent: 7800
  • LEVELS 1: 1
  • LEVELS 4: 2
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 1

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
Jun 16, 2021
Closed on
Aug 16, 2021
Sold by
Bought by
Seller's Agent
Austyn Cwiertniewicz
Coldwell Banker Realty - Cambridge
Buyer's Agent
The Team - Real Estate Advisors
Coldwell Banker Realty - Cambridge
List Price
$1,400,000
Sold Price
$1,625,000
Premium/Discount to List
$225,000
16.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,750
Outstanding Balance
$1,086,460
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2014
Sold by
Bought by

Purchase Details

Closed on
Oct 7, 2010
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
$324,000
Interest Rate
4.37%

Purchase Details

Closed on
Sep 27, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 12, 1994
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
$1,625,000 None Available
-- --
-- --
$405,000 --
$136,500 --
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 $1,218,750
Previous Owner $250,000
Previous Owner $324,000
Previous Owner $25,000
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
08/17/2021 08/17/21 Sold $1,625,000 +16.1% $670 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $1,400,000 -- $577 / 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 $10,066 $1,585,200 $806,400 $778,800
2024 $9,436 $1,594,000 $824,400 $769,600
2023 $8,001 $1,365,400 $824,400 $541,000
2022 $5,422 $915,900 $628,800 $287,100
2021 $5,301 $906,200 $617,000 $289,200
2020 $5,155 $896,600 $622,800 $273,800
2019 $5,122 $862,300 $610,900 $251,400
2018 $4,744 $735,200 $506,600 $228,600
2017 $4,482 $690,600 $453,000 $237,600
2016 $4,011 $573,800 $354,600 $219,200
2015 $3,870 $494,900 $304,000 $190,900
2014 $3,440 $410,500 $235,400 $175,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72851005

MLS Property Information Network (MLS PIN)

APN: CAMB M:00024 L:00138

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