26 Columbia St, Cambridge, MA 02139
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$6,500,000
6 Unit
24 Beds
12 Baths
10484 SQFT
0.08 Acre

Property Description

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.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 11
  • Total Bedrooms: 24
  • Total Full Baths: 6
  • Total Half Baths: 6
  • Basement Features: Concrete Floor, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 347700
  • Net Operating Income: 347700

Utilities

  • Heat Zones: 6
  • Cooling Zones: 6
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 5-9 Family
  • Foundation Info: Fieldstone, Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73286461
  • Last Updated: 10/03/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/10/2024Active$6,500,000$620MLSPIN
09/06/2024New$6,500,000$620MLSPIN

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Seller's Representative: Peter Racheotes, Rock Hill Residential Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-10-03 14:48:00