$2,500,000
$2,489,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
133 Otis Street Cambridge, MA 02141
7 Beds
3.5 Baths
3,777 SqFt
Key Details
Sold Price $2,500,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,777 sqft
Price per Sqft $661
MLS Listing ID 72938856
Sold Date 03/24/22
Bedrooms 7
Full Baths 3
Half Baths 1
Year Built 1886
Annual Tax Amount $12,675
Tax Year 2021
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type 3 Family
Property Description
Turn-key investment property offering ideal access to Lechmere Station (1/3 mile), the Orange Line at Community College (1/2 mile), and the Red Line at Kendall/MIT (2/3 mile). This attached Mansard style three family has been meticulously maintained and updated throughout while retaining many original period details. Unit 1 offers 2 very large bedrooms, 1.5 recently updated bathrooms, and a modern kitchen (2013) with quartz countertops & high-end stainless-steel appliances. Unit 2 features 2 bedrooms, 1 bath, and an updated kitchen. ($3,150/month) In the mansard level, Unit 3 offers 3 bedrooms, a renovated bath (2015) and renovated kitchen with modern white cabinetry, quartz countertops, subway tile backsplash and a large private deck to round off the unit. ($3,750/month.) Fenced rear yard with stone patio. All units have in-unit laundry & newer hot water heaters (2019-2021). A tremendous opportunity for a new or seasoned investor. Offering a potential 4% Cap Rate.
Location
State MA
County Middlesex
Area East Cambridge
Zoning C-1
Direction Cambridge Street to 5th Street to Otis Street (between 5th and 6th).
Rooms
Basement Full, Unfinished
Interior
Interior Features Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Office/Den), Unit 3 Rooms(Kitchen, Living RM/Dining RM Combo)
Heating Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Baseboard, Gas), Unit 3(Hot Water Baseboard, Gas)
Cooling Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
Flooring Tile, Laminate, Hardwood
Appliance Unit 1(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer), Unit 2(Range, Dishwasher, Refrigerator, Washer, Dryer), Unit 3(Range, Dishwasher, Refrigerator, Washer, Dryer), Gas Water Heater
Exterior
Community Features Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, T-Station, University
Roof Type Shingle
Garage No
Building
Lot Description Other
Story 6
Foundation Stone
Sewer Public Sewer
Water Public
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Bought with Stivaletta Team • Compass