First time on the market in East Cambridge this Mixed-Use property is ready for a new owner. This meticulous maintained 3 story building is separately metered, has updated electrical, windows and mechanical systems with a dry basement. Great location on Cambridge Street which has a lot offer for the right business owner or investor. Both rental units are fully updated with large floor plates, great layouts and has income in place with long term tenants.The first floor is busy convenient store. Located directly across from the Cambridge St.Upper School and the new Cambridge Public Library, convenient to all bus routes and t-stops. Easy walk to Kendall square, Kennedy Longfellow, restaurants, and shopping.
This home has been viewed 55 times
Last Checked: May 6th, 2024 at 11:36pm (Source: MLS PIN #73024840)
Gross Income: $78,000
Gross Expenses: $8,470
Net Income Calc: $69,530
Water Views
Annual Expenses for 875 Cambridge Street, Cambridge MA 02141
Total Gross Expenses (Calculated)$8,470/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8470.8
Annual Income & Unit Breakdown for 875 Cambridge Street, Cambridge MA 02141
Total Gross Income (Calculated)$78,000
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Rent Includes
General Information for 875 Cambridge Street, Cambridge MA 02141
Listing ID73024840
Property TypeMulti Family / 3 Family
Price1799000 ($515.18/SqFt)
Style3 Family - 3 Units Up/down
CityCambridge
CountyMiddlesex
MLS AreaEast Cambridge
Neighborhood(s)
Approximate Living Area Total3492
Approximate Lot Size (Acres)0.04
Total Parking0
Garage Parking0
Year Built1882
Year Built SourcePublic Records
Year Built DetailsRenovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningMixed Use
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 875 Cambridge Street, Cambridge MA 02141
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation2.0
Compensation Based OnGross/full Sale Price
Financial Information for 875 Cambridge Street, Cambridge MA 02141
Real Estate Taxes8470.8
Tax Year2021
Assessed Value$1,448,000
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 875 Cambridge Street, Cambridge MA 02141
Elementary SchoolKennedy
Middle SchoolCambridge Upper
Neighborhood(s)
MLS AreaEast Cambridge
Area AmenitiesWalk/jog Trails
Contact Information for 875 Cambridge Street, Cambridge MA 02141