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165 Elm Street, Cambridge, MA 02139

$1,168,000 Just Listed

165 Elm Street, Cambridge, MA 02139 View this property at 165 Elm Street, Cambridge, MA 02139
165 Elm Street Cambridge MA 02139

Property Description

(Any offers due Tuesday, 10/25 at 12 noon) New to the market, Cambridge multi-family demonstrates "pride of ownership". Quality renovations include newer kitchens in the last 3 years, upgraded gas heating systems, hardwood flooring, bathrooms, lighting and much more. Excellent owner occupant building or turnkey investment property, needs nothing for busy January rental market. Minutes from Central Square Red line, Kendall Sq, high-tech employers, Harvard, MIT, and more! Both units separately metered. 4 bedroom / 1.5 bath estimated at $4400 per month. 2 bedroom / 1 Bath rent estimated at $2200 / month. Seller rented both units to a school including utilities, furniture, and cleaning service for $11,760 /month. (see attached profit & loss
statement) Cap Rate potentials from 5.5% to 8%. Contact List Agent for Comprehensive Investment Prospectus. Excellent opportunity for enterprising landlord interested in low turn over 12 month leases & lucrative short-term furnished options

Full Property Details for 165 Elm Street

  • Price: $1,168,000
  • Taxes: $5,520 (2017)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 72083431
  • Updated: 10/23/2016
  • Added: 5 day(s) ago

Property History

  • 165 Elm Street, Cambridge, MA
  • Listed at $1,168,000 on 10/19/16



  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1


  • Total Bedrooms: 6


  • Parking Features: On-Street Permit


  • County: Middlesex

Structural Information

  • Architectural Style: Two-Family
  • Basement: Yes
  • Stories Description: 3
  • Square Feet: 2,652
  • Year Built: 1873

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,470

Financial Considerations

  • Tax Amount: $5,520
  • Tax Year: 2017

Listed by Century 21 Avon, Paul E. Raymond

See This Home

Estimate the Cost

165 Elm Street will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

165 Elm Street, Cambridge, MA 02139 (MLS# 72083431) is a Multi-Family property with 2 units containing 6 bedrooms, 2 full bathrooms and 1 partial bathroom. 165 Elm Street is currently listed for $1,168,000 and was received on October 19, 2016. Want to learn more about 165 Elm Street? Do you have questions about finding other Multi-Family real estate for sale in Cambridge? You can browse all Cambridge real estate or contact a Coldwell Banker agent to request more information.

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