Fred Meyer

University Real Estate

359 Cambridge StActive

Cambridge, MA, 02141
$4,349,900
Multi-family
Remarks: NINE UNITS and the current Sellers have done all the work to convert the building to condos…for you! Floor plans and condo docs have been completed but the deed(s) have not been recorded. Great overall condition. Incl 2 retail storefronts and offices on the first floor. A striking center split natural oak staircase divides six residential units (3 on each side). Features incl exposed brick, oak hardwood floors and eat in kitchens. There is a 1 bedroom, a 2 bedroom, 2-3 bedroom units and 2-4 bedroom units. Great potential roof deck in rear of property. Most units have gas stoves. Two retail storefronts in the front and additional office space in the back of the property. Recent major improvements include a new steam boiler in 2019 and a new rubber roof in 2020. Amazing location on foot, bike or transit… rated a WALKER’S PARADISE Walk Score of 93. The Green Line is less than half a mile. Both Red and Orange Line are less than a mile. Fantastic Investment or Condo Conversion!

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  • Gas:9500
  • Gross Expenses:88158
  • Gross Income:260100
  • Insurance:9107
  • Net Income:171942
  • Basement:Y
  • Fireplaces:0
  • Garage Spaces:0
  • Living Area:8183.00
  • Rooms:26
  • Year Built:1910
  • Directions:Take Cambridge St from Inman Sq towards the Camb District Court...on left as u approach Green Line
  • Sewer:City/Town Sewer
  • Water:City/Town Water
  • Disclosures:N
  • Listing Status:Active
  • Living Area Note:Includes residential, office and retail. Total Sq Ft is not considered accurate...
  • Lot Description:City View(s)
  • Status Alert?:No
  • Acres:0.11
  • Lot Size:5006.00
  • Parking Spaces:0
  • Price/sqft:531.58
  • Zoning:Mxd Use
  • Total Bedrooms:17
  • Total Fireplaces:0
  • Total Floors:11
  • Total Full Baths:9
  • Total Half Baths:1
  • Total Levels:5
  • Total Rooms:32
  • Total Units:9
  • Bedrooms:17
  • Full Baths:9
  • Half Baths:1
  • Total Rooms:26
  • Tax Year:2021
  • Taxes:13621.00
  • Bedrooms:2
  • Fireplaces:0
  • Floor:1
  • Full Baths:1
  • Half Baths:0
  • Lease:Y
  • Levels:1
  • Rent:2700
  • Rooms:4
  • Bedrooms:4
  • Fireplaces:0
  • Floor:2
  • Full Baths:1
  • Half Baths:1
  • Lease:Y
  • Levels:1
  • Rent:3750
  • Rooms:6
  • Bedrooms:4
  • Fireplaces:0
  • Floor:2
  • Full Baths:1
  • Half Baths:0
  • Lease:Y
  • Levels:1
  • Rent:3300
  • Rooms:6
  • Bedrooms:3
  • Fireplaces:0
  • Floor:3
  • Full Baths:1
  • Half Baths:0
  • Lease:Y
  • Levels:1
  • Rent:2500
  • Rooms:5
  • Multi Family Type:5-9 Family
Better Estimate
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 pr...
Listing agent - The Steve Bremis Team

Fred Meyer

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