1126 Cambridge Street
1126 Cambridge Street
$1,800,000
4
2
1
3,126
3,126
$576
Sold 8/17/22
Description
Priced to sell! Rare opportunity to own a fully leased, mixed-use property right in the heart of Inman Sq. Just 1.1 miles west of Lechmere .7 miles north of Central Sq., and .5 miles south of the new Union Sq. T stop, this 3-unit offering is favorably situated amidst the bustling shops/eateries that comprise Cambridge St. The first-floor business is owned and independently operated by Momi Nonmi, a successful and efficiently functioning takeout destination with a full liquor license. NNN lease is...Priced to sell! Rare opportunity to own a fully leased, mixed-use property right in the heart of Inman Sq. Just 1.1 miles west of Lechmere .7 miles north of Central Sq., and .5 miles south of the new Union Sq. T stop, this 3-unit offering is favorably situated amidst the bustling shops/eateries that comprise Cambridge St. The first-floor business is owned and independently operated by Momi Nonmi, a successful and efficiently functioning takeout destination with a full liquor license. NNN lease is in place for the commercial space which runs up until 2029 with an escalating annual rent (unit currently yields $4,244/month but increases to $5,219/month by term end). Commercial tenant pays for half the water/sewer bill each quarter, as well as the commercial portion of the property taxes. Unit #2 brings in $2,200 per month and unit #3 yields $2,500 per month. Total annual rent for the building amounts to $107,328 with very little overhead.
- Listed by Joe Danisch • Coelho Realty Group LLC
Property Details for 1126 Cambridge Street
Town
Cambridge
MLS AreaInman Square
AreaMA-Cambridge-Inman Square, MA-Cambridge
Garage Spaces0
Parking Spaces.00
Location
LISTING UPDATED: 08/23/2022 11:49 AM
Property Details for 1126 Cambridge Street
Status | Sold |
---|---|
MLS # | 72949727 |
Days on Market | 109 |
Taxes | $5,655 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 3 Family |
Year Built | 1862 |
County | Middlesex County |
Location
Building Information for 1126 Cambridge Street
Stories6Residences3Year Built1862Building Size-Lot Size0.03 AC / 1,154 SF
Payment Calculator
$10,295 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1126 Cambridge Street
Property History for 1126 Cambridge Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1126 Cambridge Street
Taxable ValueLand$651,100Additions$795,500Total$1,446,600
Home Facts
Total Finished SqFt3,126 SqFtAbove Grade Finished SqFt3,126 SqFtUnfinished Basement SqFt1,194 SqFtStories3Lot Size1,153 SqFtStyleOffice BuildingYear Built1862ZoningBACountyMIDDLESEXAPNCAMB M:00085 L:00027
Schools near 1126 Cambridge Street
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 |
---|---|---|
Cambridgeport PublicPK to 5 | ||
Cambridge Street Upper School Public6 to 8 | ||
Cambridge Rindge and Latin School Public9 to 12 | ||
King Open 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.
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