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620 Cambridge St
Cambridge, MA. 02141

Middlesex County
Area: East Cambridge
Directions: Gps

MLS # 72871811 - Active
Multi-Family 4 Family    

List Price $4,850,000 Days on Market  
List Date   # Units 4
Sale Price   # Floors  
Sold Date   Rooms 17
Assessed Value $2,267,880 Bedrooms 8
Gross Living Area 8,201SF Full Baths 6
Lot Size 6,251SF Half Baths 0
Taxes $13,267.09 Fireplaces  
Tax Year 2021 Basement Yes
Zoning BA Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1910 Parking Spaces 0
    Garage Spaces 0

Remarks:

6 Total units of a 2-story mixed use building located on a highly visible corner on Cambridge St. surrounded by trendy shops and restaurants. The 4 residential units on the second floor rent for $10950 a month combined. The modern apartments are all two-beds with stainless appliances and central a/c. Currently leased through August 2022. On the street level are 2 commercial units; one is a shared office space and the other is a liquor store. They rents are $7K for liquor store and $5K for the office per month. The commercial spaces are triple net. There is a basement that spans the entire length of the building. The soon-to-finished Lechmere Green Line Station, along with the massive newly-built North Point mixed-use development is right up the street, and ever-popular Inman Sq is just as close in the other direction. Gross rent is 275,400.00 yrly but commercial tenants pay their share of taxes,ins,water. Residential/commercial units pay their own utilities.

Features
Amenities   Public
   Transportation,
   Shopping, Swimming Pool,
    Park, Walk/Jog Trails,
   Highway Access, House of
   Worship, Public School,
   T-Station, University
Basement   Full,
   Partially Finished
Construction   Frame
Cooling Zones   6
Electricity   220 Volts,
   100 Amps
Energy   Insulated
   Windows, Insulated Doors
Exterior   Clapboard,
   Masonite
Flooring   Wood, Tile
Foundation   Poured
   Concrete
Heating Zones   6
Hot Water   Natural Gas
Lead Paint   Unknown
Lot   Level
Parking   On Street Permit
Road   Public, Paved,
   Publicly Maint.
Roof   Rubber
Sewer / Water   City/Town
   Sewer, City/Town Water
Units
Unit 1 Bedrooms: 2; Floor: 2; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 2850; Rooms: 4
Unit 2 Bedrooms: 2; Floor: 2; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 2750; Rooms: 4
Unit 3 Bedrooms: 2; Floor: 2; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 2700; Rooms: 4
Unit 4 Bedrooms: 2; Floor: 1; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 2650; Rooms: 4
Financial Info
Gross Oper. Income   $275,400 Net Oper. Income   $215,400
Additional Information
APOD Available?   No
Deed   Book: 62848, Page:
   323, Cert. #: 0000002292
Foreclosure   No
GLA Source   Public Record
Parcel #   M:00034 L:00008
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: 7/31/21 3:05am

Courtesy: MLSPIN

Listing Office: RE/MAX Destiny Listing Agent: David Lilley


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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.