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Excellent turn-key Cash Cow investment with leases in place through 8/31/22 (#3 renewed to 8/31/23). Property generates over $15,525/month with room to increase (projected 22/23 income $16k/mo). Expenses given includes W&S, RE taxes and insurance. Huge 3-family in quiet neighborhood, sought-after N Cambridge location walking to Alewife & Davis T Red Line. Well-kept & managed with 4 bay garages and deep basement could create upside expansion potential (condo conversion?). Elegant condo-quality (please view pictures!) renovated units with central AC, HW floors, private front & back balconies, updated kitchens and bathrooms, newer stainless appliances, granite countertops, LED lighting throughout. Coin-op washing machine laundry, garages for add-on income (not included in listed income). High 89 walk score transit, restaurants, shops, services, parks, basketball/tennis courts bike paths nearby 89 walk score. Buyers to do own due diligence on potential & all information provided!

MLS Listing ID: 72964737
Listing Price: $3,450,000
Listing Status: Active [?]
Neighborhood: North Cambridge
Property Type: Multi Family
Bedrooms: 12
Full Baths: 6
Living Space: 4413 sf.
Lot Size: 0.14 acres (6098 sf.)
Parking: Yes
Taxes: $13,149.98
Tax Year: 2021

Listing Current as of May 19, 2022 12:00am

This listing brought to you by Steven Rosen of Rysen Real Estate.

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