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165 Elm Street, Cambridge, MA 02139

$1,175,000

  • Sold
  • Closed
  • Multi-Family
  • 2 Units
  • 6 Total Beds
  • 0.03 Acres
165 Elm Street, Cambridge, MA 02139 View this property at 165 Elm Street, Cambridge, MA 02139
165 Elm Street Cambridge MA 02139

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Property Description

(Back-up Offers Welcome, Lock-box) 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

  • Sold For: $1,175,000
  • Taxes: $5,520 (2017)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 72083431
  • Added: 247 day(s) ago

Property History

  • 165 Elm Street, Cambridge, MA
  • Sold at $1,175,000 on 1/17/17
  • Listed at $1,168,000 on 10/19/16

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 6

Parking

  • Parking: On-Street Permit

Location

  • County: Middlesex

Structural Information

  • Architectural Style: Two-Family
  • Basement: Yes
  • 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

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165 Elm Street, Cambridge, MA 02139 (MLS# 72083431) is a Multi-Family property that was sold at $1,175,000 on January 17, 2017. Want to learn more about 165 Elm Street? Do you have questions about finding other Multi-Family real estate for sale in Central Square? You can browse all Central Square real estate or contact a Coldwell Banker agent to request more information.

Listed by Century 21 Avon, Paul E. Raymond

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