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Columbia Street is a fully leased six (6) unit multi-family building ideally located in the Central Square area of Cambridge, MA. Located in the heart of Central Sq., walking distance to MIT, labs of Kendal Sq., shops, restaurants, public transportation and all Cambridge has to offer. The property is made up of a single building with six (6) market rate units. The left side mirrors the right side with each unit boasting 4 beds, 1.5 baths, forced hot by gas, Central AC and in-unit laundry. The walk-out basement includes bike storage and private storage lockers for each unit. Each unit pays their own utilities and the building’s small footprint offers low ongoing maintenance. Recent updates include newer HVAC systems, newer gas hot water tanks and recent exterior paint. This offering provides tremendous upside to increase rents with in-place tenants or significantly through renovations of kitchens and baths.
— MLSPIN #: 73286461Map of 26 Columbia St, Cambridge, MA 02139
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| List Price: | $6,500,000 |
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| Status: | Active |
| MLS ID: | 73286461 |
| Town: | Cambridge |
| Neighborhood: | Central Square |
| County: | Middlesex |
| Zip: | 02139 |
| Property Type: | Residential Income |
| Property Sub Type: | 5-9 Family |
| Bedrooms: | 24 |
| Full Baths: | 6 |
| Half Baths: | 6 |
| Living Area: | 10,484 sqft |
| Acres: | 0.08 |
| Taxes: | 25,763 |
| Appliances: | Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal |
| Cooling: | Central Air |
| Flooring: | Hardwood |
| Heating: | Forced Air, Natural Gas |
| Lot Features: | Corner Lot |
| Parking Features: | On Street |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1920 |
| Roof: | Rubber |
| Directions: | Mass Ave to Columbia |
| Foundation Details: | Concrete Perimeter, Stone |
| Postal Code Plus4: | 3548 |
| Listing Contract Date: | 2024-09-06 |
| Cooling?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.08 |
| Lot Size Square Feet: | 3,395 |
| Rooms Total: | 36 |
| Bathrooms Total Integer: | 12 |
| Basement: | true |
| Basement: | Walk-Out Access, Concrete |
| Building Area Source: | Public Records |
| Building Area Total: | 10,484 |
| Interior Features: | Living Room, Kitchen, Laundry Room |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 6 |
| Open Parking?: | Yes |
| Parcel Number: | M:00091 L:00061, 403637 |
| Rent Includes: | Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water) |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Waterfront Features: | Beach Front, River, 1/2 to 1 Mile To Beach |
| Zoning: | BB-CSQ |
| Stories Total: | 11 |
| Year Built Source: | Public Records |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Pro. Forma Available |
| Gross Income: | $347,700 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Certificate Number: | 000000219923 |
| Color: | gray |
| Comp Based On: | Gross/Full Sale Price |
| Cooling Units: | 6 |
| Mh:Cooling Zones, Cc:Cooling Zones, Mf:Cooling Zones, Sf:Cooling Zones: | 6 |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Flrs 4: | 2 |
| Heat Units: | 6 |
| Heat Zones: | 6 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Lease 4: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Levels 4: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $619.99 |
| Page: | 405 |
| Price Per Sqft: | $619.99 |
| Square Feet Incl Base: | No |
| Sub Agency Offered: | No |
| Year Round: | Yes |
| Net Operating Income: | $347,700 |
| Original List Price: | $6,500,000 |
| Tax Assessed Value: | $4,351,800 |
| Tax Year: | 2024 |
| Total Actual Rent: | $28,975 |
| Year Built Details: | Approximate |
| Waterview Flag: | No |
| 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 |
| H Bths 1: | 1 |
| H Bths 2: | 1 |
| H Bths 3: | 1 |
| H Bths 4: | 1 |
| Rent1: | 4,775 |
| Rent2: | 4,995 |
| Rent3: | 4,750 |
| Rent4: | 4,875 |
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 November 23, 2024 05:54 AM
Property Last Updated: October 03, 2024 02:51 PM
Listing Courtesy of: Rock Hill Residential Group
Listing Agent: Peter Racheotes
617-688-7850
