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Home Massachusetts Multi-Family Homes for Sale

118 Magazine St Cambridge, MA 02139
118 Magazine St, Cambridge, MA
SOLD 11/30/2323
0
$2,000,000
*Sale Price
Total Beds: N/A Total Baths: 2
Total Units: 2 SQFT: 5996
LOT size: 0.08 Acres
118 Magazine St
Cambridge, MA 02139
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This Property is No Longer Available

Property Description

Attention developers, small business owners, and intrepid homeowners--a corner property in the heart of Cambridgeport brimming with potential! With nearly 6,000 square feet of gross interior space, this 1922 storefront building is currently being using as an office. The city places it in a C zone, with both commercial and residential uses allowed. A dramatic skylit entry foyer bisects the space, with large open rooms and private offices on either side. Downstairs are two more large rooms, along with two bathrooms and a kitchenette. Both lower and upper floors boast 8'10" +/- ceilings. The flat roof was replaced in 2017. Property will be delivered vacant.
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Property Details

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Half Baths: 2
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 239976
  • Net Operating Income: 239976

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Cooling: Central Air
  • Levels: 2

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Cooling: Central Air
  • Levels: 2

Construction

  • Year Built: 1922
  • Type: 2 Family - 2 Units Side by Side
  • Construction Type: Brick
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Concrete, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73164146
  • Last Updated: 11/30/23
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Bigelow/Irving, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 2.5
Compensation Based On: Gross/Full 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 2023-11-30 16:33:00

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