Three Family Investment Property located near the Kendall Square area. Close to Boston, MIT and the MBTA "T" Stations (Lechmere and Kendall/MIT). Totally renovated in the past with all updated electric, plumbing, sprinkler system, kitchens, baths and hardwood floors. There is laundry in the basement, private yard area and Thermopane windows. This is a wonderful Investment property with a very strong rental history and the possibility to Owner-Occupy in the Future! Please provide 24-hour notice for all showings.
— MLSPIN #: 73352186Map of 5 Eighth Street, Cambridge, MA 02141
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| List Price: | $1,495,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73352186 |
| Town: | Cambridge |
| Neighborhood: | Kendall Square |
| County: | Middlesex |
| Zip: | 02141 |
| Property Type: | Residential Income |
| Property Sub Type: | 3 Family - 3 Units Up/Down |
| Bedrooms: | 6 |
| Full Baths: | 5 |
| Living Area: | 3,294 sqft |
| Acres: | 0.05 |
| Taxes: | 8,052 |
| Appliances: | Washer, Dryer, Range, Refrigerator |
| Flooring: | Tile, Hardwood |
| Heating: | Electric |
| Lot Features: | Level |
| Parking Features: | On Street |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1873 |
| Roof: | Rubber |
| Window Features: | Insulated Windows |
| Directions: | 5 Eighth St. by Cambridge St. behind 7 Eighth St. Walk down Pass-way/Alley entrance on the left side |
| Laundry Features: | Electric Dryer Hookup, Washer Hookup |
| Foundation Details: | Concrete Perimeter, Brick/Mortar |
| Electric: | Circuit Breakers, 200+ Amp Service, Individually Metered |
| Construction Materials: | Frame |
| Listing Contract Date: | 2025-03-31 |
| Heating?: | Yes |
| Lot Size Area: | 0.05 |
| Lot Size Square Feet: | 2,210 |
| Rooms Total: | 12 |
| Bathrooms Total Integer: | 5 |
| Basement: | true |
| Basement: | Full, Interior Entry |
| Building Area Source: | Public Records |
| Building Area Total: | 3,294 |
| Community Features: | Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks |
| Interior Features: | Upgraded Cabinets, Bathroom with Shower Stall, Remodeled, Living Room, Kitchen |
| Levels: | 6 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 3 |
| Open Parking?: | Yes |
| Parcel Number: | 400922 |
| Patio And Porch Features: | Patio |
| Road Frontage Type: | Public |
| Road Surface Type: | Paved |
| Sewer: | Public Sewer |
| Utilities: | for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup |
| Zoning: | BA |
| Stories Total: | 6 |
| Year Built Source: | Public Records |
| Disclosures: | All figures and expenses information provided by the Seller. Buyers to use due diligence. Gross Expenses includes yearly Taxes for 2024. Seller may be utilizing a 1031 Exchange and may ask for flexibility on a Closing date. Lease Expiration Dates: 1st Floor:6/30/25 2nd & 3rd Floors 8/31/25 |
| Electric Expense: | $649 |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Owner |
| Gross Income: | $82,200 |
| Insurance Expense: | $3,225 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | Yes |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Gre: | 13,800 |
| Heat Units: | 3 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $453.86 |
| Page: | 515 |
| Price Per Sqft: | $453.86 |
| Square Feet Incl Base: | Yes |
| Net Operating Income: | $68,400 |
| Operating Expense: | $13,800 |
| Original List Price: | $1,495,000 |
| Tax Assessed Value: | $1,360,200 |
| Tax Year: | 2024 |
| Total Actual Rent: | $6,850 |
| Water Sewer Expense: | $1,874 |
| Year Built Details: | Renovated Since |
| Waterview Flag: | No |
| Bedrms 1: | 2 |
| Bedrms 2: | 2 |
| Bedrms 3: | 2 |
| F Bths 1: | 2 |
| F Bths 2: | 2 |
| F Bths 3: | 1 |
| Hot Water: | Electric, Tank |
| Rent1: | 2,250 |
| Rent2: | 2,300 |
| Rent3: | 2,300 |
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 16, 2025 01:31 PM
Property Last Updated: April 08, 2025 10:23 AM
Listing Courtesy of: RE/MAX On the Charles
Listing Agent: Gary Luongo
617-901-1023
