Cambridge MA Multi Family for Sale
$2,400,000
18 Fainwood Cir Unit 18 Cambridge, MA 02139
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.1 Acres
- Year built:
- 1916
- Baths:
- 3.00
- MLS#:
- 73314083
ADDITIONAL INFORMATION
18 Fainwood Circle consists of a three-story building with three 4-Bedroom/1-Bathroom units (currently rented as 3-bedroom units). Each of the units are separately metered for heat (gas - steam radiators), hot water, and electricity. The opportunity exists to utilize each unit as a 4-bedroom unit as well as potentially adding a 2nd bathroom by utilizing the pantry space in the kitchen. Unit 1 features in-unit washer and dryer and an enclosed porch (all season) at the rear of the unit. Units 2 and 3 have access to a laundry facility in the basement, and feature front and rear porches. Additionally, the building has a tandem parking space that can accommodate 3 vehicles. 18 Fainwood Circle is well maintained with recent capital improvements. The opportunity exists, through programmatic upgrades, to significantly increase the rental income or position the property for a condo exit.
$6,500,000
26 Columbia St Unit 26 Cambridge, MA 02139
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 24
- Lot size:
- 0.08 Acres
- Year built:
- 1920
- Baths:
- 12.00
- MLS#:
- 73286461
ADDITIONAL INFORMATION
Columbia Street is a fully leased six (6) unit multi-family building ideally located in the Central Square area of Cambridge, MA. Located in the heart of Central Sq., walking distance to MIT, labs of Kendal Sq., shops, restaurants, public transportation and all Cambridge has to offer. The property is made up of a single building with six (6) market rate units. The left side mirrors the right side with each unit boasting 4 beds, 1.5 baths, forced hot by gas, Central AC and in-unit laundry. The walk-out basement includes bike storage and private storage lockers for each unit. Each unit pays their own utilities and the building’s small footprint offers low ongoing maintenance. Recent updates include newer HVAC systems, newer gas hot water tanks and recent exterior paint. This offering provides tremendous upside to increase rents with in-place tenants or significantly through renovations of kitchens and baths.
$3,500,000
1191 Cambridge Unit 1191 Cambridge, MA 02139
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.04 Acres
- Year built:
- 1900
- Baths:
- 4.00
- MLS#:
- 73283109
ADDITIONAL INFORMATION
Presenting an exceptional investment opportunity in the highly sought-after Inman Square, Cambridge. This mixed-use property features a fully licensed bar and restaurant on the ground floor, offering significant revenue potential. Additionally, the building comprises two residential units above, ensuring multiple income streams. Located just a short distance from the newly opened Green Line stop in Union Square, this property benefits from excellent accessibility. Its proximity to public transportation makes it an attractive choice for both tenants and patrons. Seize the opportunity to own this income-generating property in the vibrant City of Cambridge, MA, boasting an impressive cap rate. Don’t miss out on this prime investment in one of the most dynamic areas of Cambridge.
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Cambridge Real Estate
The median home value in Cambridge, MA is $914,400. This is higher than the county median home value of $658,900. The national median home value is $338,100. The average price of homes sold in Cambridge, MA is $914,400. Approximately 30.71% of Cambridge homes are owned, compared to 61.23% rented, while 8.06% are vacant. Cambridge real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cambridge real estate agent to arrange a tour today!
Cambridge, Massachusetts 02139 has a population of 116,892. Cambridge 02139 is less family-centric than the surrounding county with 28.89% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Cambridge, Massachusetts 02139 is $112,565. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Cambridge 02139 is 30.5 years.
Cambridge Weather
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 48 inches per year, with 50 inches of snow per year.