Incredible opportunity to own a prime 4 unit investment property located in the heart of Central Square! Composed of four spacious 4 bedrooms layouts, with approximately 5,000 sf of livable space. Professionally managed rental property that currently boasts an impressive $223,800 rent roll projected to appreciate to $239,400 for the 2025-2026 leasing cycle. Each unit has 4 spacious bedrooms, high ceilings, central AC and a flexible floor plan with so much untapped potential to create even more long term value. Additional amenities include a recently renovated courtyard with private entry access, an on site coin op laundry room and ample storage space in the basement. Prospective investors will be able to capitalize on convenient proximity to Central Sq, Inman, E Cambridge, MIT, the Red Line T, downtown Boston, and some of the most vibrant restaurants in the city. All 4 units have been converted into condos providing flexibility and lucrative long term potential for savvy investors!
— MLSPIN #: 73363896Map of 195 Green Street, Cambridge, MA 02139
| Start Time: | End Time: | Comments: |
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| 04-26-2025 01:00 PM | 04-26-2025 02:30 PM | |
| 04-27-2025 01:00 PM | 04-27-2025 02:30 PM |
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| List Price: | $3,350,000 |
|---|---|
| Status: | New |
| MLS ID: | 73363896 |
| Town: | Cambridge |
| Neighborhood: | Central Square |
| County: | Middlesex |
| Zip: | 02139 |
| Property Type: | Residential Income |
| Property Sub Type: | 4 Family |
| Bedrooms: | 16 |
| Full Baths: | 4 |
| Living Area: | 5,000 sqft |
| Acres: | 0.1 |
| Taxes: | 16,415 |
| Lot Features: | Other |
| Parking Features: | Other |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1920 |
| Directions: | Brookline Street to Green Street |
| Foundation Details: | Other |
| Listing Contract Date: | 2025-04-23 |
| Lot Size Area: | 0.1 |
| Lot Size Square Feet: | 4,420 |
| Rooms Total: | 24 |
| Bathrooms Total Integer: | 4 |
| Building Area Source: | Other |
| Building Area Total: | 5,000 |
| Community Features: | Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Marina, Private School, Public School, T-Station, University, Other |
| Levels: | 10 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 4 |
| Parcel Number: | M:00093 L:00086, 4826628 |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Zoning: | BB-CSQ |
| Stories Total: | 10 |
| Year Built Source: | Public Records |
| Disclosures: | Property is being sold with 4 separate deeds. Contact listing agent regarding shared operating expenses / budget with 197 Green Street for shared common areas. |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $239,400 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | Yes |
| Comp Based On: | Gross/Full Sale Price |
| Mh:Cooling Zones, Cc:Cooling Zones, Mf:Cooling Zones, Sf:Cooling Zones: | 4 |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Flrs 4: | 4 |
| Heat Zones: | 4 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Lease 4: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $670.00 |
| Page: | 0 |
| Price Per Sqft: | $670.00 |
| Square Feet Disclosures: | Square footage is approximate |
| Square Feet Incl Base: | No |
| Net Operating Income: | $239,400 |
| Original List Price: | $3,350,000 |
| Tax Assessed Value: | $3,500,000 |
| Tax Year: | 2024 |
| Total Actual Rent: | $19,950 |
| Year Built Details: | Approximate |
| Bedrms 1: | 4 |
| Bedrms 2: | 4 |
| Bedrms 3: | 4 |
| Bedrms 4: | 4 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Hot Water: | Natural Gas |
| Rent1: | 4,750 |
| Rent2: | 5,000 |
| Rent3: | 5,100 |
| Rent4: | 5,100 |
Disclaimer:
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on April 24, 2025 08:07 AM
Property Last Updated: April 23, 2025 09:52 PM
Listing Courtesy of: Block Realty
Listing Agent: David Dobrowolski
857-212-6161
