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28
Map
$1,859,000
●
Multifamily -
Off Market
135 Otis St
Cambridge, MA 02141
9 Beds
4 Baths,
1
Half Bath
$3,298,726
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model
About This Property
Attention Investors: Turnkey investment property in
Cambridge. Location, Condition and Income are all here!
This East Cambridge THREE FAMILY is within walking distance
to the Green Line T, MIT and KENDALL SQUARE. Recently
RENOVATED, apartments offer residents high ceilings, some nice
original detail, renovated kitchens with new white wood cabinets,
granite counters and stainless appliances. All 3 apts. have
central air and gas forced hot water baseboard heat. Hardwood
floors and all walls and ceilings were refinished. There is a
nice private rear yard with a small lawn, patio area and mature
plantings. INCOME IS HIGH and steady here since we are
offering 3BD units in good, clean condition with nice layouts in a
great location. One year leases are already in place
beginning 9-1-15. Annual gross income is $124,500.
Rents are 3375 (1st fl.), 3550 (2nd fl.) and 3450 (3rd fl.).
Rent is direct deposited to your bank and tenants pay all
utilities (water is separately metered).
Unit Size
-
Days on Market
57 days
Land Size
0.11 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$781
HOA Dues
-
Year Built
1886
Last updated: 2 years ago (MLSPIN #71863407)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 20, 2015 | Sold | $1,859,000 | |
Sold | |||
Jun 24, 2015 | Listed by Martocchia REALTORS® | $1,900,000 | |
Listed by Martocchia REALTORS® |
Property Highlights
Parking Available
Parking Details
Parking Features: On Street
Interior Details
Bathroom Information
Half Bathrooms: 1
Full Bathrooms: 3
Interior Information
Interior Features: Crown Molding, Unit 1(Ceiling Fans, Pantry, Cathedral/Vaulted Ceilings, Crown Molding, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower), Unit 2(Ceiling Fans, Cathedral/Vaulted Ceilings, Crown Molding, Stone/Granite/Solid Counters, High Speed Internet Hookup, Upgraded Cabinets, Upgraded Countertops), Unit 3(Ceiling Fans, Pantry, Cathedral/Vaulted Ceilings, Crown Molding, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Washer, Dryer, Unit 1(Range, Dishwasher, Disposal, Refrigerator), Unit 2(Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator), Unit 3(Dishwasher, Disposal, Microwave, Refrigerator), Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Hardwood Floors, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
Laundry Features: Laundry Room
Room Information
Rooms: 15
Basement Information
Basement: Full, Interior Entry, Concrete
Exterior Details
Property Information
Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: 3 Family - 3 Units Up/Down
Building Information
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Information
Lot Features: Level
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: res
Parcel Number: 400370
Land Information
Water Source: Public, Individual Meter
Financial Details
Tax Assessed Value: $1,198,200
Tax Annual Amount: $9,370
Utilities Details
Utilities: for Gas Range
Cooling Type: Unit 1(Central Air, Individual), Unit 2(Central Air, Individual), Unit 3(Central Air, Individual, Unit Control)
Heating Type: Unit 1(Gas, Unit Control), Unit 2(Gas, Individual), Unit 3(Hot Water Baseboard, Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, T-Station, University
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
10
Beds
6
Baths
-
$2,006,000
Aug 5, 2015
$2,006,000
Sep 30, 2015
$909/mo
Sold
Multifamily
10
Beds
4
Baths
-
$1,635,000
May 6, 2014
$1,635,000
May 30, 2014
$430/mo
Sold
Multifamily
8
Beds
4
Baths
-
$2,250,000
Nov 29, 2021
$2,250,000
Jan 31, 2022
$881/mo
Sold
Multifamily
8
Beds
4
Baths
-
$1,850,000
Jun 16, 2023
$1,850,000
Sep 27, 2023
$916/mo
Sold
Multifamily
8
Beds
1
Bath
-
$1,730,000
May 17, 2019
$1,730,000
Aug 5, 2020
$547/mo
Sold
Multifamily
6
Beds
2
Baths
-
$1,800,000
Sep 19, 2022
$1,800,000
Dec 16, 2022
$619/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/24/2015
|
|
9 Bed
|
4 Bath
|
-
|
$1,900,000
9 Bed
4 Bath
|
$1,859,000
-2.16%
08/20/2015
|
-
|
Mancy Jane Parker
Martocchia REALTORS®
|