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$2,875,000
Est. payment /mo
14 Beds
8 Baths
5,330 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,330 sqft
Price per Sqft $539
MLS Listing ID 73510436
Bedrooms 14
Full Baths 8
Year Built 1910
Annual Tax Amount $21,428
Tax Year 2026
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type 5-9 Family
Property Description
Great 6 unit rental property steps from Inman Square yielding a 6% CAP RATE. NET ANNUAL INCOME = $175,740. Leases expire 8/31/27. Consists of FOUR 2-Bedroom units and TWO 3-Bedroom (2 bath) units. 2-Bed RENTS = $3,050 + $3,150 + $3,050 + $2,925. 3 Bed 2 Bath RENT = $3,450. 3 Bed 1 Bath RENT = $3,350. Basement has high ceilings (architectural drawings available for adding units on basement level.) INCOME AND EXPENSE breakdown per request.
Location
State MA
County Middlesex
Zoning UR
Direction Inman Square in Cambridge to Oak Street to Houghton St Somerville
Rooms
Basement Full
Exterior
Exterior Feature Balcony
Garage No
Building
Lot Description Corner Lot
Story 7
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Charles Associates Real Estate LLC