What an amazing opportunity to own an income generating property for $ 200,000+ BELOW the assessed value! Conveniently located on a tree lined street, this two family has been well maintained and updated. The first floor unit is complete with a formal living room and dining room, two bedrooms and a spacious updated kitchen with pantry and SS appliances. The upstairs unit offers an open living / dining room/ kitchen area that is great for entertaining. The 2013 kitchen features tasteful cabinets, SS appliances and soapstone counters.Two good size bedrooms, full bath, sun-room and laundry room complete the second floor. The spectacular third floor was renovated in 2016 with two 15 ' dormers, skylights, bath and sitting room/office. Conveniently located near Fresh Pond, public library, transit to Harvard Square, and many shops and restaurants including the acclaimed Sofra restaurant. Fantastic opportunity!
This home has been viewed 49 times
Last Checked: May 7th, 2024 at 12:05am (Source: MLS PIN #73063597)
Gross Income: $0
Gross Expenses: $13,095
Net Income Calc: $13,095
Annual Expenses for 38-40 Aberdeen Avenue, Cambridge MA 02138
Total Gross Expenses (Calculated)$13,095/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax13095
Annual Income & Unit Breakdown for 38-40 Aberdeen Avenue, Cambridge MA 02138
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 38-40 Aberdeen Avenue, Cambridge MA 02138
Listing ID73063597
Property TypeMulti Family
Price1995000 ($606.57/SqFt)
StyleMulti Family
CityCambridge
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3289
Approximate Lot Size (Acres)0.13
Total Parking6 (2 Garage)
Garage Parking2
Year Built1926
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
Zoningres
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 38-40 Aberdeen Avenue, Cambridge MA 02138
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 Compensation2.5
Facilitator Compensation1
Compensation Based OnGross/full Sale Price
Financial Information for 38-40 Aberdeen Avenue, Cambridge MA 02138
Real Estate Taxes13095
Tax Year2022
Assessed Value$2,212,100
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 38-40 Aberdeen Avenue, Cambridge MA 02138
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 38-40 Aberdeen Avenue, Cambridge MA 02138