*PRICE IMPROVEMENT* 115 Hampshire St is a nine-unit mixed-use building in the Inman Square neighborhood of Cambridge, Massachusetts. The professionally managed asset features three retail units on the ground floor, as well as six residential apartments on the second and third floors. The retail units consist of a café, a laundromat, and a convenience store. The property is well maintained, and many of the units have been updated to stainless steel appliances and granite countertops in the kitchens The property is a 15-minute walk to Kendall Square and a 20-minute walk to Harvard Square. The property also sits ideally located between Harvard, it’s 21,000 students, and MIT and it’s 11,300 students. The Green Line Extension in Somerville’s Union Square is a mere 15-minute walk giving quick access to Medford, Cambridge Crossing, and Boston’s western neighborhoods, like Allston and Brighton.
This home has been viewed 48 times
Last Checked: May 7th, 2024 at 5:41am (Source: MLS PIN #73081088)
Gross Income: $154,800
Gross Expenses: $33,796
Net Income Calc: $121,004
Annual Expenses for 115 Hampshire St, Cambridge MA 02139
Total Gross Expenses (Calculated)$33,796/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax33796.62
Annual Income & Unit Breakdown for 115 Hampshire St, Cambridge MA 02139
Total Gross Income (Calculated)$154,800
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor3
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 115 Hampshire St, Cambridge MA 02139
Listing ID73081088
Property TypeMulti Family / 5+ Family
Price5250000 ($473.91/SqFt)
Style5-9 Family
CityCambridge
CountyMiddlesex
MLS AreaInman Square
Neighborhood(s)
Approximate Living Area Total11078
Approximate Lot Size (Acres)0.12
Total Parking2
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningC1
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 115 Hampshire St, Cambridge MA 02139
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1
Facilitator Compensation0
Compensation Based OnGross/full Sale Price
Financial Information for 115 Hampshire St, Cambridge MA 02139
Real Estate Taxes33796.62
Tax Year2021
Assessed Value$5,777,200
Financial Data SourceEstimated
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 115 Hampshire St, Cambridge MA 02139
Neighborhood(s)
MLS AreaInman Square
Area AmenitiesWalk/jog Trails
Contact Information for 115 Hampshire St, Cambridge MA 02139