59 Seventh St, Cambridge, MA 02141
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$1,799,000
3 Unit
6 Beds
3 Baths
3184 SQFT
0.04 Acre

Property Description

Don't miss this opportunity for investors in the heart of East Cambridge, just moments from the innovation hub of Kendall Square. This charming 3-family property presents an ideal investment prospect, boasting a great location but also a rare two-car garage, a coveted asset in this bustling neighborhood. Each unit offers 2 bedrooms, modern kitchens and rear porches that add a dimension of appeal, providing outdoor retreat to unwind amidst the urban bustle. Convenience is key, with the nearby Green Line facilitating effortless commutes to downtown Boston and beyond. Kendall Square's vibrant ecosystem of tech giants, startups, and academic institutions promises a steady flow of potential tenants, making this property an attractive choice for investors seeking long-term returns. Whether you're a seasoned investor or exploring your first foray into real estate, this East Cambridge gem offers a rare blend of location, amenities, and potential that's not to be missed.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Park, Public Transportation, Shopping, T-Station
  • Basement Features: Bulkhead, Full
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Appliances: Dishwasher, Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Common Cooling: None

Financial

  • APOD Available: No

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1873
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73228150
  • Last Updated: 05/02/24
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/28/2024Active$1,799,000$565MLSPIN
04/24/2024New$1,799,000$565MLSPIN

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Seller's Representative: Mark Lesses Group, Coldwell Banker Realty - Lexington
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-05-02 08:14:00

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