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620 Cambridge St

Cambridge, MA 02141
  • $4,650,000
  • STATUS: Active
  • MLS #: 72871811
UPDATED: 57 min ago
$4,650,000
  • 8
    BEDS
  • 0.14
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 8,201
    SQFT
  • $567
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

Listing courtesy of David Lilley of Re/Max Destiny.

Description

6 Total units of a 2-story mixed use building located on a highly visible corner on Cambridge St. surrounded by trendy shops and restaurants. The 4 residential units on the second floor rent for $10,600 a month combined. The modern apartments are all two-beds with stainless appliances and central a/c. Currently leased through August 2022. On the street level are 2 commercial units; one is a shared office space and the other is a liquor store. They rents are $7K for liquor store and $4K for the office per month. The commercial spaces are triple net. There is a basement that spans the entire length of the building. The soon-to-finished Lechmere Green Line Station, along with the massive newly-built North Point mixed-use development is right up the street, and ever-popular Inman Sq is just as close in the other direction. Gross rent is 259,200.00 yrly but commercial tenants pay their share of taxes,ins,water. Residential/commercial units pay their own utilities.

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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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-05-17T15:11:15.863.
www.welchmanrealestate.com/homes/119745428
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620 Cambridge St Cambridge, MA 02141

  • Price: $4,650,000
  • Status: Active
  • On Site: Days
  • Updated: 57 min ago
  • MLS #: 72871811
8
Beds
6
Baths
0
½ Baths
0.14
Acres
8,201
SQFT
$567
$/SQFT
1910
Built
Neighborhood:
East Cambridge
County:
Middlesex
Area:
East Cambridge
Property Description
6 Total units of a 2-story mixed use building located on a highly visible corner on Cambridge St. surrounded by trendy shops and restaurants. The 4 residential units on the second floor rent for $10,600 a month combined. The modern apartments are all two-beds with stainless appliances and central a/c. Currently leased through August 2022. On the street level are 2 commercial units; one is a shared office space and the other is a liquor store. They rents are $7K for liquor store and $4K for the office per month. The commercial spaces are triple net. There is a basement that spans the entire length of the building. The soon-to-finished Lechmere Green Line Station, along with the massive newly-built North Point mixed-use development is right up the street, and ever-popular Inman Sq is just as close in the other direction. Gross rent is 259,200.00 yrly but commercial tenants pay their share of taxes,ins,water. Residential/commercial units pay their own utilities.
Exterior Features

Beachfront No Construction Frame Exterior ClapboardMasonite Foundation Poured Concrete Lot Description Level Parking Features On Street Permit Parking Spaces 0 Road Type PublicPavedPublicly Maint. Roof Material Rubber Waterfront Flag No Waterview Flag No

Interior Features

Basement Yes Basement Features FullPartially Finished Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Cooling Units 6 Cooling Zones 6 Energy Features Insulated WindowsInsulated Doors Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring WoodTile Floors Unit1 2 Floors Unit2 2 Floors Unit3 2 Floors Unit4 1 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Units 6 Heat Zones 6 Hot Water Natural Gas Levels 2 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 17 Rooms Unit1 4 Rooms Unit2 4 Rooms Unit3 4 Rooms Unit4 4

Property Features

Amenities Public TransportationShoppingSwimming PoolParkWalk/Jog TrailsHighway AccessHouse Of WorshipPublic SchoolT-StationUniversity Apod Available No Assessments 2267880.00 Disclosure No Electric Features 220 Volts100 Amps Gross Operating Income 263400 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lease Unit4 Y Lender Owned No Multifamily Type 4 Family Net Operating Income 238132 Rent Unit1 2850 Rent Unit2 2750 Rent Unit3 2700 Rent Unit4 2650 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2021 Taxes 13267.09 UFFI Unknown Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning Ba

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of David Lilley of Re/Max Destiny.


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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-05-17T15:11:15.863.
 
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Listing courtesy of David Lilley of Re/Max Destiny.