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359-361 Western Ave, Cambridge, MA 02139

6 Bed, 3 Bath Multi-Family Home For Sale

359-361 Western Ave, Cambridge, MA 02139 House For Sale - MLS #72277841
Off the Market
$1,600,000
6
3
Multi-Family
3 Family

Property Description for 359-361 Western Ave, Cambridge, MA 02139

What a GREAT INVESTMENT OPPORTUNITY!!This well maintained & updated 3-family is surrounded by MIT, Harvard, Memorial Dr, Charles River, public transportation outside your front door, tons of specialized restaurants/coffee shops & of course Whole Foods, specialized markets, drug stores in walking distance!The building is delivered w/3 leased tenants.Rents are below market rates.Each unit w/separate utilities - tenant is responsible for utilities.New windows in Unit 1 (2017).New bathroom, new carpeting, new paint in Unit 2 (2016).New bathroom sink, med cabinet in Unit 3.Two new furnaces (2010 & 2017); new roof (2003).Coin operated laundry in basement. Dry basement for storage.Building is sound & a good investment w/total income for 2017 = $74,400. Expenses = $16,000 including cleaning of common areas, snow removal, garden upkeep & misc expenses. Tenant Occupied.

Interior Details

2,625 sq. ft.
$609.52/sq. ft.

Exterior Details

0.05 acres
2,028 sq. ft.

Other Details

72277841
1903

Units Description

Unit #1
Rooms: 4      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 1      Rent: $2,200      Lease: Yes
Rooms : Living Room; Kitchen
Appliances : Range; Refrigerator; Vent Hood
Interior Features : Tile Floor; Hardwood Floors; Bathroom With Tub & Shower; Wall to Wall Carpet
Heating : Gas; Unit Control

Unit #2
Rooms: 5      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 2      Rent: $1,800      Lease: Yes
Rooms : Living Room; Kitchen; Office/Den
Appliances : Range; Refrigerator; Vent Hood
Interior Features : Tile Floor; Wood Flooring; Bathroom With Tub & Shower; Wall to Wall Carpet
Heating : Gas; Unit Control

Unit #3
Rooms: 5      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 3      Rent: $2,200      Lease: Yes
Rooms : Living Room; Kitchen; Office/Den
Appliances : Range; Refrigerator; Vent Hood
Interior Features : Tile Floor; Bathroom With Tub & Shower; Stone/Ceramic Tile Floor
Heating : Gas; Unit Control

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Town Description

Cambridge is a unique community in its mix of cultural and social diversity, intellectual vitality and technical innovation. The city is home to internationally known Harvard University and the...

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