Sold
361 Washington St, Cambridge, MA
Cambridge · MA 02139
- $3,900,000
- Price
- 18
- Beds
- 6
- Baths
- 6378
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
6 Units
Lot size:
5,129 Sq.Ft Lot
Price per square foot:
$659 / Sq.Ft
Parking:
2 Off Street Spaces
About this home
The Property located at 361 Washington Street is a turn-key six-unit multi-family investment property located in Central Square in Cambridge. The three-story building contains six (6) 3-Bedroom/1-Bathroom residential units with 6,378 square feet of living area in 9,220 square feet of gross area on a 0.12-acre parcel. The property is situated in an excellent urban-infill location, only steps to Central Square Station (Red Line). All units have been leased for the 22-23 rental cycle (5 of 6 units expire 8/31/23). The Property has great curb appeal with a well-maintained exterior and grounds and offers on-site laundry, tandem parking, separate heat/hot water and electric for all units as well as covered porches in the buildings rear and hardwood floors throughout. With over $265,000 of Gross Income and a 5.33% CAP RATE, 361 Washington offers investors to acquire a turn-key 6-unit in one of the strongest real estate markets in the country with the opportunity to increase revenue.
Neighborhood & Transit
361 Washington St, Cambridge · MA 02139
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Central Red 0.19 mi
Price Insight
- Days on Market:
- 1467 days
- Listing Price:
- $4,200,000
- Price per Sq.Ft:
- $659
- Tax Assessment:
- $2,935,700 in 2021
- Taxes:
- $1,431 / Monthly
Home Facts
Interior Features
- Bedrooms
- 18
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 6,378 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
- 5,129 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 2 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- John Pentore
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73014689