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55 Mount Pleasant St, Cambridge MA 02140

$2,400,000

Estimated $4,605.26/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $1,200,000

Total Rent: 96000/year

Estimated CAP Rate: 3.64%

4 Bedrooms

3 Full, 1 Half Baths

2,975 SqFt

Total Parking: 1

3,307 SqFt

Sophisticated Avon Hill 2-family peppered w/ period details throughout. 1st floor unit used as an airbnb, generating close to 100k of passive income per year. Outfitted as a 2 bed/1 bath, w/ bright kitchen/dining area, and front living room surrounded by windows. Top floor duplex extensively renovated in 2019. A grand opening leads into the living space w/ built-in bookshelves, gas fireplace, and plenty of space. The tastefully renovated kitchen features custom cabinets, built-in storage, S/S appliances, and marble countertops. Main floor primary bedroom w/ corner windows, built-in storage, expansive closet & adjacent full bath w/ double vanity, fireclay tile and steam shower. 3rd level guest quarters w/ a full bathroom renovated in 2022 w/ walnut vanity, laundry and soaking tub. This bathroom services a guest room and home office. Rounding out this home is a 1 car garage, basement storage, and professionally landscaped outdoor space. Convenient to both Porter & Harvard Sq.

This home has been viewed 21 times

Last Checked: May 7th, 2024 at 7:31am (Source: MLS PIN #73106701)

Gross Income: $96,000

Gross Expenses: $8,563

Net Income Calc: $87,437

CAP Rate: 3.64%

Annual Expenses for 55 Mount Pleasant St, Cambridge MA 02140

Total Gross Expenses (Calculated)$8,563/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,563.99

Annual Income & Unit Breakdown for 55 Mount Pleasant St, Cambridge MA 02140

Total Gross Income (Calculated)$96,000

Unit 1

Rental Income$8,000

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water)

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water)

General Information for 55 Mount Pleasant St, Cambridge MA 02140

Listing ID73106701

Property TypeMulti Family / 2 Family

Price$2,400,000 ($806.72/SqFt)

Style2 Family - 2 Units Up/down

CityCambridge

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,975 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking1

Garage Parking1 / Detached

Year Built1896

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping, Corner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter,Stone,Other

Accessible Features

Outdoor Space

ZoningC-1

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 55 Mount Pleasant St, Cambridge MA 02140

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$0

Total Gross Income By Broker$99,877

Total Net Income By Broker$81,258

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 55 Mount Pleasant St, Cambridge MA 02140

Real Estate Taxes$8,563.99

Tax Year2023

Assessed Value$1,892,600

Financial Data SourceOwner

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$99,877

BostonRealEstate.com Gross Income

Total Net Income By Broker$81,258

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.64%

Location Information for 55 Mount Pleasant St, Cambridge MA 02140

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Public Transportation, T-station, University

Contact Information for 55 Mount Pleasant St, Cambridge MA 02140

Agent

Name: Currier, Lane & Young

Office

Name: Compass

Phone: 617-303-0067

Team Members

Name: Spencer Lane

Phone: 617-872-0030

Payment Calculator

, Interest

Property Taxes 713.67

Principal & Interest 14788.04

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Currier, Lane & Young

Agent Phone

Office Phone

(617) 303-0067

Text Agent Call Agent Call Office

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                    [index] => 19
                    [enabled] => 1
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                    [modified] => 2024-05-07 07:31:38
                )

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                    [modified] => 2024-05-07 07:31:38
                )

[20] => Array
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                    [modified] => 2024-05-07 07:31:38
                )

[21] => Array
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                    [name] => MLS22.jpg
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                    [index] => 22
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                    [modified] => 2024-05-07 07:31:38
                )

[22] => Array
                (
                    [id] => 7579830
                    [name] => MLS23.jpg
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                    [index] => 23
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                    [modified] => 2024-05-07 07:31:38
                )

[23] => Array
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                    [index] => 24
                    [enabled] => 1
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                    [modified] => 2024-05-07 07:31:38
                )

[24] => Array
                (
                    [id] => 7579832
                    [name] => MLS25.jpg
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                    [index] => 25
                    [enabled] => 1
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                    [modified] => 2024-05-07 07:31:38
                )

[25] => Array
                (
                    [id] => 7579833
                    [name] => MLS26.jpg
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                    [index] => 26
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                    [modified] => 2024-05-07 07:31:38
                )

[26] => Array
                (
                    [id] => 7579834
                    [name] => MLS27.jpg
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                    [index] => 27
                    [enabled] => 1
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                    [modified] => 2024-05-07 07:31:38
                )

[27] => Array
                (
                    [id] => 7579835
                    [name] => MLS28.jpg
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                    [index] => 28
                    [enabled] => 1
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                    [modified] => 2024-05-07 07:31:38
                )

[28] => Array
                (
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                    [index] => 29
                    [enabled] => 1
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                    [modified] => 2024-05-07 07:31:38
                )

[29] => Array
                (
                    [id] => 7579837
                    [name] => MLS30.jpg
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73106701&w=1024&h=768&n=30
                    [index] => 30
                    [enabled] => 1
                    [created] => 2024-05-07 07:31:38
                    [modified] => 2024-05-07 07:31:38
                )

[30] => Array
                (
                    [id] => 7579838
                    [name] => MLS31.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73106701&w=1024&h=768&n=31
                    [index] => 31
                    [enabled] => 1
                    [created] => 2024-05-07 07:31:38
                    [modified] => 2024-05-07 07:31:38
                )

[31] => Array
                (
                    [id] => 7579839
                    [name] => MLS32.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73106701&w=1024&h=768&n=32
                    [index] => 32
                    [enabled] => 1
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                    [modified] => 2024-05-07 07:31:38
                )

[32] => Array
                (
                    [id] => 7579840
                    [name] => MLS33.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73106701&w=1024&h=768&n=33
                    [index] => 33
                    [enabled] => 1
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                    [modified] => 2024-05-07 07:31:38
                )

[33] => Array
                (
                    [id] => 7579841
                    [name] => MLS34.jpg
                    [type] => gallery
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                    [index] => 34
                    [enabled] => 1
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                    [modified] => 2024-05-07 07:31:38
                )

[34] => Array
                (
                    [id] => 7579842
                    [name] => MLS35.jpg
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                    [index] => 35
                    [enabled] => 1
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                    [modified] => 2024-05-07 07:31:38
                )

[35] => Array
                (
                    [id] => 7579843
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                    [index] => 36
                    [enabled] => 1
                    [created] => 2024-05-07 07:31:38
                    [modified] => 2024-05-07 07:31:38
                )

)

)

EXIT