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1052-1060 Cambridge St
Cambridge, MA. 02139-1407

Middlesex County
Directions: Between Columbia And Elm St

MLS # 72792218 - Sold
Multi-Family 5-9 Family    

List Price $6,700,000 Days on Market  
List Date   # Units 15
Sale Price $5,900,000 # Floors  
Sold Date 7/13/21 Rooms 12
Assessed Value $4,136,000 Bedrooms 14
Gross Living Area 11,055SF Full Baths 15
Lot Size 3,305SF Half Baths 0
Taxes $24,195.60 Fireplaces  
Tax Year 2021 Basement Yes
Zoning BA Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1900 Parking Spaces 0
    Garage Spaces 0

Remarks:

Great location in Inman Sq is this mixed-use/residential building offering 15-units with twelve 1BRs, one 2BR and two retail spaces currently used as a Dental office and Barber shop. All units have been renovated within the past six years including repointing of the facade, new rubber roof, new windows, electric panels, appliances, and rear porches. High ceilings, hardwood floors, common coin-op laundry, rear units with exclusive use porches and in-door bike storage behind the property. Walk to restaurants, pubs, shopping and bus line to Harvard Sq and Lechmere station. Nine units were kept vacant for the ease of showing due to COVID.

Features
Amenities   Public
   Transportation,
   Shopping, Park,
   Walk/Jog Trails, Medical
   Facility, Laundromat,
   Highway Access, Public
   School, University
Basement   Full
Energy   Insulated Windows
Exterior   Brick
Exterior Feat.   Porch
Flooring   Hardwood
Foundation   Other (See
   Remarks)
Heating Zones   15
Hot Water   Natural Gas
Lead Paint   Unknown
Lot   Level
Parking   On Street Permit
Road   Public, Paved
Roof   Rubber
Sewer / Water   City/Town
   Sewer, City/Town Water
Utility Connections   for
   Gas Range
Units
Common Features Rooms: Laundry
Unit 1 Bedrooms: 1; Floor: 3; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 2000; Rooms: 3
Unit 2 Bedrooms: 1; Floor: 4; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 2100; Rooms: 2
Unit 3 Bedrooms: 1; Floor: 2; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 1800; Rooms: 4
Unit 4 Bedrooms: 2; Floor: 5; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 2200; Rooms: 3
Financial Info
Expenses Source   Accountant
   Provided
Gross Oper. Income   $97,200 Net Oper. Income   $97,200
Additional Information
APOD Available?   Yes
Anticipated Sale Date  
   07/13/2021
Deed   Book: 28879, Page:
   464
Disclosures  
   Buyers/buyer's agent to
   do their own "due
   diligence".
Exclusions   Tenants'
   belongings.
Foreclosure   No
GLA Source   Public Record
Identifier   Map: 80-2
Off Market Date   5/29/21
Parcel #   M:00080 L:00002
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: 7/14/21 2:45pm

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.