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Home Massachusetts Multi-Family Homes for Sale

602-604 Cambridge St Boston, MA 02134
Not Available - Off Market
16
$2,300,000
Total Beds: 13 Total Baths: 6
Total Units: 4 SQFT: 4693
LOT size: 0.14 Acres
602-604 Cambridge St
Boston, MA 02134
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This Property is No Longer Available

Property Description

602-604 Cambridge Street is comprised of two 5-Bedroom/2-Bathroom units, one 2-Bedroom/1-Bathroom unit, and one 1-Bedroom/1-Bathroom unit. The building has been well maintained and features large kitchens with dishwashers and garbage disposals. 602-604 Cambridge Street features separate electric and heat for each unit, with the Landlord responsible for common area electric, hot water, and domestic water and sewer. Additionally, four off-street parking spaces are offered for tenants, including two garage stalls, which are rented at $250/month/stall. The Property also has two coin operated laundry machines, as well as an individual storage bay for each unit in the basement. 604 Cambridge Street offers the opportunity to acquire a well-located asset in one of the strongest real estate markets, and is ideal for a potential buyer looking for income growth and strong investment returns.
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Property Details

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 13
  • Total Full Baths: 6
  • Total Fireplaces: 2
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Finished, Other (See Remarks)
  • Common Appliances: Dryer, Washer

Financial

  • APOD Available: Yes
  • Gross Operating Income: 171300
  • Gross Expenses: 41454
  • Net Operating Income: 129846

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: Yes
  • Levels: 1

Unit 2 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Included in Rent: Hot Water, Water
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 4 Family
  • Foundation Info: Brick
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73248700
  • Last Updated: 08/06/24

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Map

Seller's Representative: Stephen Girolamo, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5%
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-08-06 03:05:00

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