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$2,850,000
Total Beds: 10 Total Baths: 3
Total Units: 3 SQFT: 4172
LOT size: 0.05 Acres
364-368 Washington St
Cambridge, MA 02139
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Property Description

This meticulously renovated three-unit triple decker offers a lucrative investment opportunity. With three modern kitchens featuring sleek granite countertops, this property is designed to impress. The top floor unit, completely renovated in 2024, boasts a stylish open layout and a brand-new kitchen. The second floor, refreshed in 2018, and the first floor, updated in 2020, ensure comfort and contemporary appeal. Recent upgrades, including updated windows, main plumbing stack, back hallway, enhance both efficiency and aesthetics. The building's exterior shines with new siding installed in 2022, complementing the durable rubber roof from 2012. Currently fully tenanted with leases extending through August 2025, this property generates a substantial monthly income of $13,050, making it an ideal investment for discerning buyers seeking a reliable and profitable venture.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 10
  • Total Full Baths: 3
  • Basement Features: Concrete Floor, Full, Interior Access, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Programmable Thermostat, Stone/Granite/Solid Counters
  • Common Appliances: Refrigerator, Vent Hood, Washer Hookup
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided, Pro. Forma Available
  • Gross Operating Income: 156600
  • Gross Expenses: 16890
  • Water/Sewer: 3568
  • INSC: 4237
  • Net Operating Income: 139710

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows, Prog. Thermostat
  • Utility Connections: for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3

Construction

  • Year Built: 1888
  • Type: 3 Family
  • Foundation Info: Other (See Remarks)
  • Flooring Type: Wood
  • Lead Paint: Yes
  • Warranty: No

Other Information

  • MLS ID# 73333468
  • Last Updated: 02/19/25

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Map

Seller's Representative: Currier, Lane & Young, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
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 2025-02-19 11:57:00

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