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381-397 Columbia St
Cambridge, MA. 02141

Middlesex County
Directions: Cambridge St Or Hampshire St To Columbia

MLS # 72612939 - Sold
Multi-Family 5+ Family - 5+ Units Side by Sid   Light Blue

List Price $11,000,000 Days on Market  
List Date   # Units 18
Sale Price $11,100,000 # Floors  
Sold Date 3/31/20 Rooms 19
Assessed Value $6,934,800 Bedrooms 37
Gross Living Area 18,199SF Full Baths 18
Lot Size 13,856SF Half Baths 0
Taxes $41,017.07 Fireplaces  
Tax Year 2020 Basement Yes
Zoning Res Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1920 Parking Spaces 2
    Garage Spaces 6

Remarks:

Rare to Market! Four contiguous buildings located near Inman and Kendall Sq. Well maintained and family owned for over 30 years. The properties consist of 2 three-story six-unit buildings, 2 three-story 3-unit buildings with a total of 18 units, 37 bedrooms and 18 bathrooms. All of the units have been renovated within the past six years including, new roofs, new windows, electric panels and appliances. Hardwood floors, high ceilings, common coin-op laundry, extra storage, six garages, driveway for 1-2 cars, in-door and out-door bike racks. Great location within walking distance to restaurants, pubs, parks and Bus line to Harvard Sq and Lechmere Station. This property can be purchased along with MLS # 72612936

Features
Amenities   Public
   Transportation,
   Shopping, Park,
   Walk/Jog Trails, Medical
   Facility, Laundromat,
   Highway Access, Public
   School, T-Station,
   University
Basement   Full
Construction   Frame
Electricity   Circuit
   Breakers, Individually
   Metered
Energy   Insulated Windows
Exterior   Vinyl
Exterior Feat.   Porch
Flooring   Wood, Tile
Foundation   Other (See
   Remarks)
Heating Zones   18
Hot Water   Natural Gas
Lead Paint   Unknown
Lot   Paved Drive, Shared
   Drive
Parking   Off-Street, On
   Street Permit, Paved
   Driveway
Road   Public
Roof   Rubber
Sewer / Water   City/Town
   Sewer, City/Town Water
Utility Connections   for
   Gas Range
Units
Common Features Rooms: Laundry
Unit 1 Appliances: Range, Dishwasher, Refrigerator; Bedrooms: 2; Floor: 1; Full Baths: 1; Heating: Hot
     Water Baseboard, Gas, Individual, Unit Control; Interior: Ceiling Fans, Hardwood Floors,
     Upgraded Cabinets, Bathroom With Tub & Shower, Open Floor Plan; Lease: Yes; Levels: 1; Rent: 2600;
     Rent Includes: Water; Rooms: 3; Rooms Desc.: Living RM/Dining RM Combo
Unit 2 Appliances: Range, Dishwasher, Refrigerator; Bedrooms: 3; Floor: 3; Full Baths: 1; Heating: Hot
     Water Baseboard, Gas; Interior: Hardwood Floors, Upgraded Cabinets, Bathroom With Tub & Shower;
     Lease: Yes; Levels: 1; Rent: 3000; Rent Includes: Water; Rooms: 5; Rooms Desc.: Living Room,
     Kitchen
Unit 3 Appliances: Range, Dishwasher, Refrigerator; Bedrooms: 2; Floor: 2; Full Baths: 1; Heating: Hot
     Water Baseboard, Gas; Interior: Hardwood Floors, Bathroom With Tub & Shower; Lease: Yes; Levels:
     1; Rent: 2600; Rent Includes: Water; Rooms: 4; Rooms Desc.: Living Room, Kitchen
Unit 4 Appliances: Range, Dishwasher, Refrigerator; Bedrooms: 2; Floor: 2; Full Baths: 1; Heating: Hot
     Water Radiators, Gas; Interior: Balcony/Deck, Hardwood Floors, Upgraded Cabinets, Bathroom With
     Tub & Shower; Lease: Yes; Levels: 1; Rent: 2400; Rent Includes: Water; Rooms: 4; Rooms Desc.: Living
     Room, Kitchen
Financial Info
Expenses Source  
   Accountant Provided
Expenses Year End   12/19 Gross Oper. Income  
   $476,888
Net Oper. Income  
   $384,473
Additional Information
APOD Available?   No
Adult Community   No
Anticipated Sale Date  
   03/31/2020
Deed   Book: 28879, Page:
   441
Disclosures   The
   properties have two
   separate deeds, being
   sold as a whole.
   Buyers/buyer's agent to
   do their own "due
   diligence".
Exclusions   Tenants'
   belongings
Foreclosure   No
GLA Source   Public Record
Living Area Disclosures  
   Per public records.
Off Market Date   2/18/20
Seller Disclosure Doc   No
Short Sale   No
Year Built Desc.  
   Approximate
Year Built Source   Public
   Record

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Property Last Updated by Listing Office: 4/1/20 8:43am

Courtesy: MLSPIN

Listing Office: RE/MAX Destiny Listing Agent: Noemia Alves


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The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.