724 Cambridge Street, Cambridge, MA 02141
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$1,499,000
3 Unit
4 Beds
3 Baths
2287 SQFT
0.03 Acre

Property Description

New East Cambridge Listing - Mixed Use Building(3 Units/3 Family) on Cambridge Street & crossing at Cardinal Medeiros Avenue. Units on Second & Third Floor to be delivered empty. Newer Heating Systems in Upper Units. New Electric Upgrades being added. Freshly Painted Entryway & New Carpet on stairway. Gated Property.First Floor Tenant is long term business owner that would negotiate new terms of a short term or long term lease. Great Investment Property for the right Buyer!!! Plenty of Potential & Located between Harvard University & M.I.T. - Minutes to Boston, Green Line & Mass General. Two Open Houses Scheduled Sat/Sun October 19/20th from12noon to 130pm. Offers due Tuesday October 22nd by 8pm with Buyer Agency Association Disclosure & Commission Compensation Listed/Disclosure(NAR)

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Amenities: Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Interior Access, Partially Finished, Sump Pump, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom with Shower Stall, Tile Floor
  • Common Appliances: Dishwasher, Freezer, Microwave, Range, Refrigerator, Wall Oven
  • Common Heating: Extra Flue, Gas, Heat Pump
  • Common Cooling: None

Financial

  • APOD Available: No
  • Expenses Source: Estimated
  • Gross Operating Income: 15600
  • Net Operating Income: 15600

Utilities

  • Heat Zones: 3
  • Electric Info: 100 Amps, Circuit Breakers, Fuses, Individually Metered, Nearby, Other (See Remarks), Underground
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone, Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Laminate, Tile, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73302496
  • Last Updated: 10/15/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/15/2024New$1,499,000$655MLSPIN

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Seller's Representative: William W. Brennan, Greater Metropolitan R. E.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-10-15 17:47:00

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