Sold
Last Sold Price
12 beds8,084 sqft
173 Rindge Ave, Cambridge, MA 02140
Multi FamilyProperty Type
0.09 acresLot Size
1890Year Built
$235/sq ftPrice per sq ft
2 carsParking Spaces

Description

Current rents are well below market in this 6 family plus small former commercial space. The separate systems and exterior are in very good condition (4 new boilers.) Two of the apartments are in good condition, three are in fair condition and one needs total rehab. Each unit has the potential for 3+ bedroom layouts. Commercial space (approximately 400 square feet) has electric heat. Small apartment occupied by handyman is heated with gas stove. Potential offers DUE BY 12noon WEDNESDAY.Current rents are well below market in this 6 family plus small former commercial space. The separate systems and exterior are in very good condition (4 new boilers.) Two of the apartments are in good condition, three are in fair condition and one needs total rehab. Each unit has the potential for 3+ bedroom layouts. Commercial space (approximately 400 square feet) has electric heat. Small apartment occupied by handyman is heated with gas stove. Potential offers DUE BY 12noon WEDNESDAY.
  • Listed by: Paul Slavinski • Senne
Listing closed: 05/15/2014 12:00 AM • Source: MLS PIN, MLS#: 71622598

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Recent comparable sales

Median sold price

$2,275,000

Avg days on market

67

Sale-to-list ratio

99.7%

Cambridge, MA

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Location

Listing Courtesy of Senne, Paul Slavinski

Sold By Boston Investments, Tony Madan

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Property Information for 173 Rindge Avenue

Property Details
  • Taxes: $12,000 / year
  • MLS Type: Multi-family / 5-9 Family
  • Town: Cambridge
  • Area: MA-Cambridge
  • Garage Spaces: 0
  • Open Parking Spaces: 2.00
  • Parking Spaces Total: 2
Building Information
  • Stories: 10
  • Residences: 6
  • Year Built: 1890
  • Lot Size: 0.09 AC / 4,100 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 8084.0
  • Color: white
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full
  • Num of Baths: 8.0
  • Num of Full Baths: 7
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 7.50
  • Bathrooms Total Integer: 8
  • FireplaceYN: No
  • Fireplaces: 0
Exterior Features
  • Construction: Frame
  • Lot Description: Other
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Electric: Circuit Breakers
  • Heating: Baseboard, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: 1 commercial space was rented years ago as a barbershop. Appears best suited to be combined w/ adjacent residential unit or converted to residential. Taxes & expenses = estimated. Seller makes no representations as to the potential occupancy of former barber shop. Note: lot line at front and side!
Tax Information
  • Tax ID: 413657
  • Assessments: $827,300
  • Book: 12086
  • Tax Year: 2014
  • Zoning: BA-1
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 10
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Foundation Area: 2700.0
  • Heat Units: 6
  • Heat Zones: 6
Income / Expenses
  • GOI: $68,400.00
  • GRE: $60,000
  • NOI: $68,400.00
  • Operating Expense: $60,000.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 3
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $7,800.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 2.0

Property History for 173 Rindge Avenue

DateEvent & SourcePriceAppreciation
May 15, 2014

Sold

MLS PIN #71622598

$1,900,000—
Jan 24, 2014

Under Agreement

MLS PIN #71622598

—
Jan 24, 2014

Contingent

MLS PIN #71622598

—
DateEvent & SourcePrice
05/15/2014

Sold

MLS PIN #71622598

$1,900,000
01/24/2014

Under Agreement

MLS PIN #71622598

—
01/24/2014

Contingent

MLS PIN #71622598

—

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

Public Records for 173 Rindge Avenue

Taxable ValueLand$1,090,800Additions$1,720,700Total$2,811,500
Home Facts
Total Finished SqFt8,084 SqFtAbove Grade Finished SqFt8,084 SqFtUnfinished Basement SqFt2,540 SqFtStories3Lot Size4,106 SqFtStyleOffice BuildingYear Built1890Year Renovated1890ZoningBA-1CountyMIDDLESEXAPNCAMB M:00192 L:00157

Schools near 173 Rindge 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 - 6 to 8
Rating
School
Distance
Peabody School
PublicPK to 5

Rindge Avenue Upper School
Public6 to 8

Cambridge Rindge and Latin School
Public9 to 12

Vassal Lane Upper School
Public6 to 8

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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Senne, Paul Slavinski

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.