KENDALL SQUARE GEM in EAST CAMBRIDGE, MA ONE OF THE PREMIER MARKETS IN THE COUNTRY! A unique opportunity to acquire an investment grade fully-leased SIX FAMILY property with the potential to add two conforming units OR MAY HAVE POTENTIAL TO REDEVELOP INTO SINGLE FAMILY HOME WITH OFFICE OR MAY HAVE POTENTIAL FOR CONDOMINIUM CONVERSION. Each unit is separately metered. CURRENTLY, the Property features Four Parking Spaces with an attractive Outdoor Garden. There is a Coin-Operated Laundry W/D in basement. A new rubber roof was installed in 2023 and a Locinvar Heating System was installed in 2018; the property is in good condition and is offered AS IS. BUYERS ARE ENCOURAGED TO MAKE AN OFFER – FULL PACKAGE WITH PHOTOS and OPERATING DATA AVAILABLE from the Listing Broker. Solid rental history, owner leased, efficiently managed, within 5 min walk to MIT/Kendall Red Line, bike to Mass General Hospital & Harvard. Steps from the Broad Institute.
Property Details
Price:
$5,200,000
MLS #:
73211079
Status:
Active
Beds:
18
Baths:
6
Address:
223 Charles St
Type:
Multi Family
Subtype:
5-9 Family
City:
Cambridge
Listed Date:
Mar 12, 2024
State:
MA
Finished Sq Ft:
6,700
ZIP:
02141
Lot Size:
4,006 sqft / 0.09 acres (approx)
Year Built:
1925
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Schools
Interior
Bathrooms
6 Full Bathrooms
Fireplaces Total
1
Flooring
Wood, Vinyl, Other
Exterior
Community Features
Sidewalks
Parking Features
Paved Drive, Off Street, Leased, Tandem, Driveway
Parking Spots
4
Roof
Other
Financial
Buyer Agent Compensation
2%%
Tax Year
2024
Taxes
$15,000
Map
Community
- Address223 Charles St Cambridge MA
- CityCambridge
- CountyMiddlesex
- Zip Code02141
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Courtesy of Mary Gardill. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein.
223 Charles St
Cambridge, MA
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