Address
144 Spring St, Cambridge, MA
Price
$ 2,350,000
Property Attributes
- MLS#73227341
- TypeContingent
- CountyMIDDLESEX
- CityCambridge
- AreaEast Cambridge
- Zip02141
- Style5-9 Family
- Year Built1894
- Taxes$ 10157
- Price$ 2,350,000
- Bedrooms10
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage4263
- Lot Size3,485 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Rare opportunity in a thriving East Cambridge neighborhood close to Kendall to own a 5 unit parcel that consists of 2 separate buildings (front and back with green space in between). The front building is a flat-roof triple decker with 3 units and the rear building is a 2 family. The units have slightly different layouts but all have 4 rooms, 2 bedrooms, one bath and in-unit laundry except for U-1 in the back building. That apartment (U-1 R) has dedicated laundry in the basement and the second bedroom turned into an office. The buildings have a strong rental history and have been extremely well-maintained. All utilities for all apartments are separately metered. Heating systems are gas-fired hot water boilers and hot water tanks are all gas-fired. The exteriors, including fire escapes, are in excellent condition. An unbeatable East Cambridge location that makes for a very smart investment and offers options for investors and end-users. Group showings only. 4/25-4/26 from 4-5:30.
| Price History | |
|---|---|
| 4/23/2024 | Listed $2,350,000 |
General Features
| Interior Features | Kitchen,Laundry Room |
|---|---|
| Sewer | Public Sewer |
| Utilities | for Electric Range,for Electric Dryer,Washer Hookup,Varies per Unit |
| Roof | Tar/Gravel,Rubber |
| Exterior Features | Rain Gutters,Garden |
| Zoning | C-1 |
| Patio/Porch Features | Patio |
| Construction Materials | Frame |
| Year Built | 1894 |
| Electric | 100 Amp Service |
| Property SubType | 5-9 Family |
| Tax Year | 2024 |
| Gross Income | 121800 |
| Community Features | Public Transportation,Shopping,Public School,T-Station |
| County | Middlesex |
| Net Operating Income | 99800 |
| Operating Expense | 22000 |
| Property Type | Residential Income |
| Contingency | Pending P&S |
| Garage Y/N | No |
| Rent Includes | Unit 1(Water) |
| Total Rooms | 20 |
| Status | Contingent |
| Directions | Cambridge St. to Fulkerson to left onto Spring St. Just past the intersection with 6th St. |
| City | Cambridge |
| Disclosures | Lead test done in '95- no reports avail. There is one unused empty oil tank in basement. 3 leases ends 8/31/24 and one lease ends 6/30/24. One is a TAW. Will require commercial financing because it's |
| Senior Community Y/N | No |
| Total Units | 5 |
| MLS Area | East Cambridge |
| Lot Size Square Feet | 3699 |
| Waterfront Y/N | No |
| Street Name | Spring St |
| Year Built Details | Approximate |
| Tax Annual Amount | 10157 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active Under Contract |
| Year Built Source | Public Records |
| Tax Assessed Value | 1715700 |
| Total Actual Rent | 7750 |
| Compensation Based On | Gross/Full Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Interior Entry,Unfinished |
|---|---|
| Flooring | Tile,Vinyl,Laminate,Hardwood |
| Total Stories | 9 |
| Window Features | Insulated Windows |
| Fireplace Y/N | No |
| Full Baths | 5 |
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Total Bedrooms | 10 |
| Total Baths | 5 |
Exterior Features
| Parking Features | On Street |
|---|---|
| Lot Features | Level |
| Water Source | Public |
| Lot Size Area | 0.08 |
| Foundation Details | Stone |
| Spa | No |
| Building Area Total | 4263 |
| Lot Size Acres | 0.08 |
| Lot Size Units | Acres |
| Road Frontage Type | Public |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 02141
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
