195 Green Street, Cambridge, MA 02139
View Map
$3,350,000
4 Unit
16 Beds
4 Baths
5000 SQFT
0.10 Acre

Property Description

Incredible opportunity to own a prime 4 unit investment property located in the heart of Central Square! Composed of four spacious 4 bedrooms layouts, with approximately 5,000 sf of livable space. Professionally managed rental property that currently boasts an impressive $223,800 rent roll projected to appreciate to $239,400 for the 2025-2026 leasing cycle. Each unit has 4 spacious bedrooms, high ceilings, central AC and a flexible floor plan with so much untapped potential to create even more long term value. Additional amenities include a recently renovated courtyard with private entry access, an on site coin op laundry room and ample storage space in the basement. Prospective investors will be able to capitalize on convenient proximity to Central Sq, Inman, E Cambridge, MIT, the Red Line T, downtown Boston, and some of the most vibrant restaurants in the city. All 4 units have been converted into condos providing flexibility and lucrative long term potential for savvy investors!

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 10
  • Total Bedrooms: 16
  • Total Full Baths: 4
  • Amenities: Bike Path, Marina, Medical Facility, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, University, Walk/Jog Trails

Financial

  • APOD Available: Yes
  • Gross Operating Income: 239400
  • Net Operating Income: 239400

Utilities

  • Heat Zones: 4
  • Cooling Zones: 4
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 4

Construction

  • Year Built: 1920
  • Type: 4 Family
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73363896
  • Last Updated: 04/23/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/23/2025New$3,350,000$670MLSPIN
02/07/2025Canceled$3,350,000$670MLSPIN
08/17/2024Under Agreement$3,350,000$670MLSPIN
06/28/2024Contingent$3,350,000$670MLSPIN
06/17/2024Active$3,350,000$670MLSPIN
06/13/2024Price Change$3,350,000$670MLSPIN
04/28/2024Active$3,499,999$700MLSPIN
04/24/2024New$3,499,999$700MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: David Dobrowolski, Block Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

© 2025 MLS Property Information Network, Inc.. All rights reserved.

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.

MLS PIN data last updated at 2025-04-23 21:50:00

Related Properties