A unique opportunity with two free-standing homes nestled on a corner lot, just a few blocks from the vibrant Kendall Square/ Technology Square at MIT. One residence, constructed in 1999 and designed by architect Boyes Watson features a distinctive layout, while the other free-standing house is the original antique home ready for a modern touch. This property presents an excellent project for a developer, offering the potential to convert into condominiums for separate sales, create a multi-generational family property, or for a savvy investor. Currently, the front house is tenant-occupied, providing immediate rental income ($3750 per month) while the back house stands vacant, offering flexibility for various possibilities.
This home has been viewed 39 times
Last Checked: May 8th, 2024 at 1:26am (Source: MLS PIN #73184420)
Gross Income: $45,000
Gross Expenses: $11,004
Net Income Calc: $33,996
Annual Expenses for 99 Sixth Street, Cambridge MA 02141
Total Gross Expenses (Calculated)$11,004/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11004
Annual Income & Unit Breakdown for 99 Sixth Street, Cambridge MA 02141
Total Gross Income (Calculated)$45,000
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit4
Rent Includes
General Information for 99 Sixth Street, Cambridge MA 02141
Listing ID73184420
Property TypeMulti Family
Price1695000 ($616.36/SqFt)
StyleMulti Family
CityCambridge
CountyMiddlesex
MLS AreaKendall Square
Neighborhood(s)
Approximate Living Area Total2750
Approximate Lot Size (Acres)0.08
Total Parking4 (1 Garage)
Garage Parking1
Year Built1874
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningC-1
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 99 Sixth Street, Cambridge MA 02141
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher & Dryer
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
Facilitator Compensation2
Compensation Based OnNet Sale Price
Financial Information for 99 Sixth Street, Cambridge MA 02141
Real Estate Taxes11004
Tax Year2023
Assessed Value$1,877,900
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 99 Sixth Street, Cambridge MA 02141
Neighborhood(s)
MLS AreaKendall Square
Area AmenitiesWalk/jog Trails
Contact Information for 99 Sixth Street, Cambridge MA 02141
Agent
Name: The LIV Group
Office
Name: Berkshire Hathaway HomeServices Commonwealth Real Estate