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8 Suffolk St, Cambridge MA 02139

$2,000,000

Estimated $4,141/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $666,666.67

Total Rent: 104400/year

Estimated CAP Rate:

6 Bedrooms

Baths

2970

Total Parking: 3

2,760 (0.06)

Rare opportunity to own a turn-key investment with potential further development. This offering is a neat 3 family with parking. Located in the highly desirable Area IV of Mid-Cambridge just steps from Central Square with a short walk to Kendall Sq. With an on site inspection you will discover that the building has been meticulously maintained inside and out. All units display a 2 bed 1 bath layout with thoughtful finishes and touches as if owner occupancy or condo conversion was always an interest. High ceilings, premium hardwood, modern fixtures, granite, stainless, bay windows and a naturally flowing layout. Private laundry in each apartment. Super clean basement with private storage for all units. Parking for all 3! Feedback from the rental market places these units in a top tier bracket for desirability and price point which has kept them coveted by return tenants or referrals. This property checks a TON of boxes for a variety of different investment seekers.

This home has been viewed 46 times

Last Checked: May 7th, 2024 at 4:31am (Source: MLS PIN #73078441)

Gross Income: $104,400

Gross Expenses: $10,775

Net Income Calc: $93,625

Annual Expenses for 8 Suffolk St, Cambridge MA 02139

Total Gross Expenses (Calculated)$10,775/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10775

Annual Income & Unit Breakdown for 8 Suffolk St, Cambridge MA 02139

Total Gross Income (Calculated)$104,400

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 8 Suffolk St, Cambridge MA 02139

Listing ID73078441

Property TypeMulti Family / 3 Family

Price2000000 ($673.4/SqFt)

Style3 Family

CityCambridge

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2970

Approximate Lot Size (Acres)0.06

Total Parking3

Garage Parking0

Year Built1903

Year Built SourcePublic Records

Year Built DetailsRenovated Since

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningC-1

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 8 Suffolk St, Cambridge MA 02139

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 Compensation0

Compensation Based OnGross/full Sale Price

Financial Information for 8 Suffolk St, Cambridge MA 02139

Real Estate Taxes10775

Tax Year2022

Assessed Value$1,820,100

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 8 Suffolk St, Cambridge MA 02139

Neighborhood(s)

Area Amenities

Contact Information for 8 Suffolk St, Cambridge MA 02139

Agent

Name: Michael Gorenstein

Office

Name: Advantage Realty

Phone: 617-714-4000

Payment Calculator

, Interest

Property Taxes 897.92

Principal & Interest 12323.36

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Advantage Realty

Michael Gorenstein

Agent Phone

Office Phone

(617) 714-4000

Text Agent Call Agent Call Office

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EXIT

38 More Photos

Closed

8 Suffolk St, Cambridge MA 02139

$2,000,000

Annual Expenses for 8 Suffolk St, Cambridge MA 02139

Annual Income & Unit Breakdown for 8 Suffolk St, Cambridge MA 02139

General Information for 8 Suffolk St, Cambridge MA 02139

Disclosures for 8 Suffolk St, Cambridge MA 02139

Financial Information for 8 Suffolk St, Cambridge MA 02139

Location Information for 8 Suffolk St, Cambridge MA 02139

Contact Information for 8 Suffolk St, Cambridge MA 02139

Agent

Office

Payment Calculator

Exclusive Listing Agent

Advantage Realty

Michael Gorenstein