Sold
1126 Cambridge St, Cambridge, MA
Cambridge · MA 02139
- $1,800,000
- Price
- 4
- Beds
- 2.5
- Baths
- 3126
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1862
Units:
3 Units
Lot size:
1,154 Sq.Ft Lot
Price per square foot:
$592 / Sq.Ft
Parking:
No Parking
About this home
Priced to sell! Rare opportunity to own a fully leased, mixed-use property right in the heart of Inman Sq. Just 1.1 miles west of Lechmere .7 miles north of Central Sq., and .5 miles south of the new Union Sq. T stop, this 3-unit offering is favorably situated amidst the bustling shops/eateries that comprise Cambridge St. The first-floor business is owned and independently operated by Momi Nonmi, a successful and efficiently functioning takeout destination with a full liquor license. NNN lease is in place for the commercial space which runs up until 2029 with an escalating annual rent (unit currently yields $4,244/month but increases to $5,219/month by term end). Commercial tenant pays for half the water/sewer bill each quarter, as well as the commercial portion of the property taxes. Unit #2 brings in $2,200 per month and unit #3 yields $2,500 per month. Total annual rent for the building amounts to $107,328 with very little overhead.
Neighborhood & Transit
Inman Square
1126 Cambridge St, Cambridge · MA 02139
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Union Square Green 0.30 mi
Price Insight
- Days on Market:
- 1467 days
- Listing Price:
- $1,849,995
- Price per Sq.Ft:
- $592
- Tax Assessment:
- $966,700 in 2022
- Taxes:
- $471 / Monthly
Home Facts
Interior Features
- Bedrooms
- 4
- Full Bathrooms
- 2
- Half Bathrooms
- 1
- Living Area
- 3,126 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 1,154 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Wood
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Joe Danisch
- Listing office
- Coelho Realty Group LLC
- MLS PIN #
- 72949727
- Disclosure
- Buyer / buyer's agent to do his/her own due dilligence
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