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Key Details
Sold Price $3,300,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,969 sqft
Price per Sqft $831
MLS Listing ID 73266166
Sold Date 08/16/24
Bedrooms 8
Full Baths 5
Year Built 1920
Annual Tax Amount $18,171
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Description
Rare offering of a 5-Unit Building with Nine Parking Spots Just Outside of Harvard Sq, one of the most Ideally Situated Neighborhoods to take advantage of Everything Cambridge Has to Offer. All of the units currently leased until August 2025. This income producing property has incredible potential for condo conversion, including adding square footage by expanding into the massive basement. The gross rent is $201,000 including rental parking spots. Updated kitchens and baths throughout. Well maintained. Newer roof and windows. Laundry and storage in the basement. The units are generously sized with high ceilings, period details, and hardwood floors throughout. The exterior has been preserved beautifully. This is truly a unique turnkey investment opportunity to own a building so close to Harvard Sq. Your tenants will love the proximity to Harvard Univ, Harvard Sq and Porter Sq trendy restaurants and shops, MBTA Red Line to MIT, downtown Boston, and beyond!
Location
State MA
County Middlesex
Area Harvard Square
Zoning C-1
Direction On Wendell in between Oxford and Mass Ave
Rooms
Basement Full, Interior Entry, Bulkhead, Concrete
Interior
Interior Features High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Living Room, Kitchen, Dining Room
Flooring Hardwood
Appliance Range, Dishwasher
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Garden
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, House of Worship, Private School, Public School, T-Station, University
Utilities Available for Gas Oven, for Electric Dryer
Waterfront false
Roof Type Shingle
Total Parking Spaces 9
Garage No
Building
Lot Description Level
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Park Hou Group • Splice Realty