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$2,465,000
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Property Description
Rare opportunity in a thriving East Cambridge neighborhood close to Kendall to own a 5 unit parcel that consists of 2 separate buildings (front and back with green space in between). The front building is a flat-roof triple decker with 3 units and the rear building is a 2 family. The units have slightly different layouts but all have 4 rooms, 2 bedrooms, one bath and in-unit laundry except for U-1 in the back building. That apartment (U-1 R) has dedicated laundry in the basement and the second bedroom turned into an office. The buildings have a strong rental history and have been extremely well-maintained. All utilities for all apartments are separately metered. Heating systems are gas-fired hot water boilers and hot water tanks are all gas-fired. The exteriors, including fire escapes, are in excellent condition. An unbeatable East Cambridge location that makes for a very smart investment and offers options for investors and end-users. Group showings only. 4/25-4/26 from 4-5:30.
Full Property Details
Full Property Details for 144 Spring St
General
- Sold For: $2,465,000
- Taxes: $10,157 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MLSPin
- MLS ID: 73227341
- Added to Site: 670 day(s) ago
Rental Information
- Rent Includes: Unit 1(Water)
Interior
- Number of Rooms: 20
- Interior Features: Kitchen, Laundry Room
- Flooring: Tile, Vinyl, Laminate, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Main - Full Baths: 5
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Additional Information
- Year Round: Yes
Exterior
- Exterior Features: Rain Gutters, Garden
- Color: slate blue
Parking
- Parking Features: On Street
Location
- Area: East Cambridge
- County: Middlesex
- Driving Directions: Cambridge St. to Fulkerson to left onto Spring St. Just past the intersection with 6th St.
Heating & Cooling
- Heating Zones: 5
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Connection for Electric Range, Connection for Electric Dryer, Washer Hookup, Varies per Unit
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Roof: Tar/Gravel, Rubber
- Stories/Levels: 9
- Square Feet: 4,263
- Sq. Ft. Source: Public Records
- Living Area: 4,263 Sq. Ft.
- Year Built: 1894
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: .08
- Frontage: Public
- Lot Features: Level
Financial Considerations
- Price Per Sq. Ft.: $578.23
- Tax Amount: $10,157
- Tax Year: 2024
Disclosures and Reports
- Disclosures/Rstr.: Lead test done in '95- no reports avail. There is one unused empty oil tank in basement. 3 leases ends 8/31/24 and one lease ends 6/30/24. One is a TAW. Will require commercial financing because it's more than 4 units. City records have an inaccurate room count. Annual expenses/income based on 2023.
- Property ID: M:00026 L:00005, 400593
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Schools
Schools serving 144 Spring St
School District:Cambridge School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 144 Spring St
Date
Details
Price
Change
Source
9/04/2024
Sold
$2,465,000
4.89%
MLS
4/23/2024
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
144 Spring St, Cambridge, MA 02141 (MLS# 73227341) is a Multi-Family property that was sold at $2,465,000 on September 04, 2024. This property was listed by Bill Aibel from our Cambridge Office.Want to learn more about 144 Spring St? Do you have questions about finding other Multi-Family real estate for sale in East Cambridge? You can browse all East Cambridge real estate or contact a Coldwell Banker agent to request more information.


