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$3,250,000
Est. payment /mo
16 Beds
4 Baths
5,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $650
MLS Listing ID 73363896
Bedrooms 16
Full Baths 4
Year Built 1920
Annual Tax Amount $16,415
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type 4 Family
Property Description
Incredible opportunity to own a prime 4 unit investment property located in the heart of Central Square! Composed of four spacious 4 bedrooms layouts, with approximately 5,000 sf of livable space. Professionally managed rental property that currently boasts an impressive $223,800 rent roll projected to appreciate to $239,400 for the 2025-2026 leasing cycle. Each unit has 4 spacious bedrooms, high ceilings, central AC and a flexible floor plan with so much untapped potential to create even more long term value. Additional amenities include a recently renovated courtyard with private entry access, an on site coin op laundry room and ample storage space in the basement. Prospective investors will be able to capitalize on convenient proximity to Central Sq, Inman, E Cambridge, MIT, the Red Line T, downtown Boston, and some of the most vibrant restaurants in the city. All 4 units have been converted into condos providing flexibility and lucrative long term potential for savvy investors!
Location
State MA
County Middlesex
Area Central Square
Zoning BB-CSQ
Direction Brookline Street to Green Street
Exterior
Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Marina, Private School, Public School, T-Station, University, Other
Garage No
Building
Lot Description Other
Story 4
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Block Realty
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