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Lori Lincoln

lori@thinklorilincoln.com +1(508) 878-0917

$3,350,000

Est. payment - /mo

16 Beds

4 Baths

5,000 SqFt

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OPEN HOUSE

Sat Apr 26, 1:00pm - 2:30pm

Sun Apr 27, 1:00pm - 2:30pm

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 $670

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 10

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Block Realty

Learn More About LPT Realty

Contact Us

+1(508) 878-0917

lori@thinklorilincoln.com

195 Green Street Cambridge, MA 02139