Active

223 Charles St

Cambridge MA, 02141

$5,200,000


$776.12 per sqft

Active

18 Beds

6 Baths

6,700 sqft

Multi-family

Built in 1925

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.

73211079

MLS ID

March 12, 2024

Listed

April 1, 2024

Updated

Map

223 Charles St
Cambridge MA, 02141

Interior Features

Total Stories

5


Bedrooms

18 Beds


Bathrooms

6 Baths


Floor Description

Wood, Vinyl, Other


Fireplace

Yes


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.09 Acres


Lot Features

Level


Roof

Other


Sewer

Public Sewer

Other Property Details

Area Name

East Cambridge


Taxes

$15,000


Tax Frequency

Annually


Garage

No


Parking

Paved Drive, Off Street, Leased, Tandem, Driveway


Parking Total

4


View

Yes


View Description

City View(s)


County

Middlesex


Water Source

Public, Individual Meter


Pool

No


Zoning

C-1 check


Buyer Agency Compensation

2%

 

Courtesy of Mary Gardill, Mary Gardill

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Data last updated 3:39 PM UTC, 4/1/2024

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