Sold

81-91 Winter St, Cambridge, MA

Cambridge · MA 02141

$7,200,000
Price
30
Beds
22
Baths
12580
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 13 Units
Lot size: 8,407 Sq.Ft Lot
Price per square foot: $612 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

81-91 Winter St is an excellent opportunity to acquire a fully leased investment property with significant upside in an exceptional, urban-infill location at a 5.41% Cap Rate on current income. The highly-walkable East-Cambridge location is a short walk from the Green Line at the New Lechmere Station (0.3 miles), Cambridge Crossing, Kendall Square, MIT, MGH and Downtown Boston. 81-91 Winter St consists of 3 adjacent multi-family buildings and 1 private parking lot with 4 spaces. The Property contains a total of thirteen units, comprised of one Studio unit, two 1-Bedroom/1-Bathroom units, four 2-Bedroom/1-Bathroom units, one 3-Bedroom/1-Bathroom unit, four 3-Bedroom/3-Bathroom townhouse units, and one 4-Bedroom/2-Bathroom unit. All of the units are separately metered for heat, hot water and electric. Both 83 and 85-87 Winter Street have new roofs and new siding, as well as new heating systems throughout (individual boilers and gas meters) in addition to renovated units.

Neighborhood & Transit

81-91 Winter St, Cambridge · MA 02141

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Lechmere Green 0.27 mi

Price Insight

Days on Market:
1351 days
Listing Price:
$7,700,000
Price per Sq.Ft:
$612
Tax Assessment:
$5,930,400 in 2023
Taxes:
$2,896 / Monthly

Home Facts

Interior Features

Bedrooms
30
Full Bathrooms
22
Half Bathrooms
0
Living Area
12,580 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
11240
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Individually Metered

Exterior Features

Lot Size
8,407 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
4 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Clapboard, Vinyl
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 #
73081151