417 Cardinal Medeiros Avenue

Cambridge, MA 02141

$4,000,000
Price
18
Beds
6
Baths
6,012 Sq. Ft.
$665 / Sq. Ft.
6,012
Sq. Ft.
$665
per Sq. Ft.

Description

417 Cardinal Medeiros Avenue offers the opportunity to acquire a fully leased investment Property in an incredible high-density, urban-infill, Cambridge neighborhood. The highly walkable location is a short walk from Kendall Square, Inman Square, the Green Line at the Union Square Station, MIT, MGH, the Charles River Esplanade, and Downtown Boston. 417 Cardinal Medeiros Avenue is a three-story multi-family building that contains a total of six units, comprised of two 4-Bedroom/1-Bathroom units, two...417 Cardinal Medeiros Avenue offers the opportunity to acquire a fully leased investment Property in an incredible high-density, urban-infill, Cambridge neighborhood. The highly walkable location is a short walk from Kendall Square, Inman Square, the Green Line at the Union Square Station, MIT, MGH, the Charles River Esplanade, and Downtown Boston. 417 Cardinal Medeiros Avenue is a three-story multi-family building that contains a total of six units, comprised of two 4-Bedroom/1-Bathroom units, two 3-Bedroom/1-Bathroom units, and two 2-Bedroom/1-Bathroom units. The Property has undergone extensive renovations since acquisition, offering a turnkey investment with condo-quality upgrades throughout. Units feature new kitchens with granite countertops and stainless-steel appliances, including gas stoves and dishwashers, hardwood floors throughout, new bathrooms, and in-unit washers and dryers. Each of the units is separately metered for gas heat, hot water and electric.
  1. Listed by Dennis Kelleher • Horvath & Tremblay
  2. Listed by John Pentore • Horvath & Tremblay

Property Details for 417 Cardinal Medeiros Avenue

Town
Cambridge
Area
MA-Cambridge
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of Horvath & Tremblay, Dennis Kelleher; Horvath & Tremblay, John Pentore
Add your commute
LISTING UPDATED: 05/20/2024 03:06 AM

Property Details for 417 Cardinal Medeiros Avenue

StatusActive
MLS #73239171
Days on Market16
Taxes$17,575 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyMiddlesex County

Location

Listing Courtesy of Horvath & Tremblay, Dennis Kelleher; Horvath & Tremblay, John Pentore
Add your commute

Building Information for 417 Cardinal Medeiros Avenue

Stories3Residences6Year Built1900Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$23,294 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,830

Property Taxes

$1,465

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 417 Cardinal Medeiros Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Public School, T-Station, University
  • Living Area: 6012.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Washer, Dryer
  • Basement Features: Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Level
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Electric: Individually Metered
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 401414
  • Assessments: $2,968,800
  • Book: 70027
  • Tax Year: 24
  • Zoning: C-1
Building / Association Information
Living Characteristics
  • Beds Total: 18
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Brick/Mortar
Income / Expenses
  • GOI: $252,000.00
  • GRE: $40,904
  • NOI: $211,096.00
  • Operating Expense: $40,904.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $21,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 0

Property History for 417 Cardinal Medeiros Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 417 Cardinal Medeiros Avenue

Taxable ValueLand$1,374,000Additions$1,612,400Total$2,986,400
Tax Record2024$17,679 ($1,473 / month)
Home Facts
Total Finished SqFt6,012 SqFtAbove Grade Finished SqFt6,012 SqFtUnfinished Basement SqFt2,004 SqFtStories3Lot Size4,995 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningC-1CountyMIDDLESEXAPNCAMB M:00037 L:00063

Schools near 417 Cardinal Medeiros Avenue

This home is within Cambridge School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Kennedy-Longfellow School
PublicPK to 5

Cambridge Street Upper School
Public6 to 8

Cambridge Rindge and Latin School
Public9 to 12

Cambridgeport
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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417 Cardinal Medeiros Avenue is a multi-family home for sale in Cambridge, MA 02141. This property was listed for sale on May 16, 2024 by Horvath & Tremblay, it's currently listed at $4,000,000. It has been on the market for a total of 16 days and was last sold on October 3, 2017. This listing's school district is Cambridge School District. Nearby schools include Kennedy-Longfellow School, Cambridge Street Upper School and Cambridge Rindge and Latin School. 417 Cardinal Medeiros Avenue is a 18-bed, 6-bath, 6,012 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Horvath & Tremblay, Dennis Kelleher; Horvath & Tremblay, John Pentore

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its 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.