Hillman Homes - Hillman Homes

161 Cushing St, Cambridge, MA 02138

Strawberry Hill

Multi-Family

$1,250,000
Price
$1,181,818
Sale Price

2
Units
2,478
Approx. GLA
West Cambridge Two Family 6+6 rooms close to golf course, Fresh Pond, and Shopping. Easy access to Harvard Sq., Mass Pike, and Rt 2. Well Maintained by the current owner with all separate utilities and maintenance free exterior (vinyl). There is driveway parking for 2 cars. Currently run as an income property, the 1st floor is run as an Air B&B and the upstairs is a long term tenant that is leaving at the end of August. This means it can be delivered vacant so it has development potential to be turned into two Condos. Please see floor plans and note the basement is unfinished and has high ceilings for expansion potential.
Highlights
Sale Price: $1,181,818
Settled Date: 1/31/2019 12:00:00 AM
Area/Village: Strawberry Hill
Basement Features: Full
List Price: $1,250,000
Type: Multi-Family
Multi-Family Type: 2 Family
Status: Sold
Beds: 6
Baths: 2
Half Baths: 1
Units: 2
Year Built: 1925
Approx. GLA: 2,478
MLS#: 72207472
Interior
Basement: Yes
Electric Features: 220 Volts, 100 Amps
Flooring: Wood
Energy: Insulated Windows
Rooms: 11
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.12
Lot Size: 5,051.00
Lot Description: Wooded
Foundation: Fieldstone
Parking Spaces: 2
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Exterior: Wood
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $871,000
Taxes: $5,653
Tax Year: 2017
Book/Page: 0/0
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $97,200
Gross Expenses: $3,124
Total Rent: $8,100
Net Income: $94,076
Insurance Cost: $1,803
Water Cost: $1,321
 
 
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, T-Station, University
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 6 3 0 1 1 0 No 1 $5,200
Unit 2 6 3 0 2 1 0 No 1 $2,900
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The listing office is RE/MAX Destiny and the listing agent is David Lilley. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
 
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Hillman Homes