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1126 Cambridge St.

Cambridge, MA 02139
  • $1,849,995
  • STATUS: Active
  • MLS #: 72949727
UPDATED: 51 min ago
$1,849,995
  • 4
    BEDS
  • 0.03
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 3,126
    SQFT
  • $592
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1862
County:
Area:

School Ratings & Info

Listing courtesy of Joe Danisch of Coelho Realty Group Llc.

Description

Priced to sell! Rare opportunity to own a fully leased, mixed-use property right in the heart of Inman Sq. Just 1.1 miles west of Lechmere .7 miles north of Central Sq., and .5 miles south of the new Union Sq. T stop, this 3-unit offering is favorably situated amidst the bustling shops/eateries that comprise Cambridge St. The first-floor business is owned and independently operated by Momi Nonmi, a successful and efficiently functioning takeout destination with a full liquor license. NNN lease is in place for the commercial space which runs up until 2029 with an escalating annual rent (unit currently yields $4,244/month but increases to $5,219/month by term end). Commercial tenant pays for half the water/sewer bill each quarter, as well as the commercial portion of the property taxes. Unit #2 brings in $2,200 per month and unit #3 yields $2,500 per month. Total annual rent for the building amounts to $107,328 with very little overhead.

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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. Data last updated 2022-06-30T12:11:42.023.
www.gillachgroup.com/homes/126467323
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1126 Cambridge St. Cambridge, MA 02139

  • Price: $1,849,995
  • Status: Active
  • On Site: Days
  • Updated: 51 min ago
  • MLS #: 72949727
4
Beds
2
Baths
1
½ Baths
0.03
Acres
3,126
SQFT
$592
$/SQFT
1862
Built
Neighborhood:
Inman Square
County:
Middlesex
Area:
Inman Square
Property Description
Priced to sell! Rare opportunity to own a fully leased, mixed-use property right in the heart of Inman Sq. Just 1.1 miles west of Lechmere .7 miles north of Central Sq., and .5 miles south of the new Union Sq. T stop, this 3-unit offering is favorably situated amidst the bustling shops/eateries that comprise Cambridge St. The first-floor business is owned and independently operated by Momi Nonmi, a successful and efficiently functioning takeout destination with a full liquor license. NNN lease is in place for the commercial space which runs up until 2029 with an escalating annual rent (unit currently yields $4,244/month but increases to $5,219/month by term end). Commercial tenant pays for half the water/sewer bill each quarter, as well as the commercial portion of the property taxes. Unit #2 brings in $2,200 per month and unit #3 yields $2,500 per month. Total annual rent for the building amounts to $107,328 with very little overhead.
Exterior Features

Beachfront No Construction Stone/Concrete Exterior Wood Exterior Features Porch Foundation Fieldstone Lot Description Level Parking Features On Street Permit Parking Spaces 0 Road Type Public Roof Material Rubber Waterfront Flag No Waterview Flag No

Interior Features

Basement Yes Basement Features FullFinished Bedrooms Unit1 0 Bedrooms Unit2 2 Bedrooms Unit3 2 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring Wood Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Full Baths Unit1 0 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 1 Half Baths Unit2 0 Half Baths Unit3 0 Hot Water Natural Gas Levels 4 Levels Unit1 2 Levels Unit2 1 Levels Unit3 1 Rooms 13 Rooms Unit1 5 Rooms Unit2 4 Rooms Unit3 4

Property Features

Amenities Public TransportationShoppingWalk/Jog TrailsBike PathHighway AccessHouse Of WorshipPrivate SchoolPublic SchoolT-StationUniversity Apod Available No Assessments 966700.00 Disclosure Yes Disclosures Buyer / Buyer's Agent To Do His/Her Own Due Dilligence Gross Operating Income 107328 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lender Owned No Multifamily Type 3 Family Net Operating Income 107328 Rent Unit1 4244 Rent Unit2 2200 Rent Unit3 2500 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Includes Basement No Sq Ft Source Public Record Tax Year 2022 Taxes 5655.20 Water City/Town Water Year Built Description Actual Year Built Source Public Record Zoning Ba

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Joe Danisch of Coelho Realty Group Llc.


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. Data last updated 2022-06-30T12:11:42.023.
 
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The Gillach Group | William Raveis Real Estate
191 Grove Street
Chestnut Hill MA, 02467
Listing courtesy of Joe Danisch of Coelho Realty Group Llc.