See Home Value
$1,859,000
Multifamily - Off Market

135 Otis St

Cambridge, MA 02141
bedrooms
9 Beds
bathrooms
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


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
10 Beds
6 Baths
-
$2,006,000 Aug 5, 2015
$2,006,000 Sep 30, 2015
$909/mo
Multifamily
10 Beds
4 Baths
-
$1,635,000 May 6, 2014
$1,635,000 May 30, 2014
$430/mo
Multifamily
8 Beds
4 Baths
-
$2,250,000 Nov 29, 2021
$2,250,000 Jan 31, 2022
$881/mo
Multifamily
8 Beds
4 Baths
-
$1,850,000 Jun 16, 2023
$1,850,000 Sep 27, 2023
$916/mo
Multifamily
8 Beds
1 Bath
-
$1,730,000 May 17, 2019
$1,730,000 Aug 5, 2020
$547/mo
Multifamily
6 Beds
2 Baths
-
$1,800,000 Sep 19, 2022
$1,800,000 Dec 16, 2022
$619/mo
Multifamily
9 Beds
4 Baths
-
$1,800,000 Jun 21, 2023
-
$1,048/mo
In Contract
Multifamily
5 Beds
4 Baths
-
$1,799,000 Jul 17, 2023
-
$687/mo
Multifamily
5 Beds
3 Baths
-
$1,699,000 Aug 14, 2023
-
$930/mo
In Contract
Multifamily
7 Beds
4 Baths
-
$1,800,000 Aug 15, 2023
-
$836/mo
Multifamily
7 Beds
3 Baths
-
$1,900,000 Mar 31, 2023
-
$657/mo
Multifamily
5 Beds
4 Baths
-
$1,850,000 May 26, 2023
-
$1,133/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20150624
06/24/2015
9 Bed
4 Bath
-
$1,900,000
bedrooms
9 Bed
bathrooms
4 Bath
$1,859,000 -2.16%
08/20/2015
-
Mancy Jane Parker
Martocchia REALTORS®

Building Info

135 Otis Street 135 Otis Street, Cambridge, MA 02141
More about this Building
135 Otis Street
Want to find out who owns 135 Otis Street, Cambridge, MA 02141? Get detailed property transactions here .

About East Cambridge


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