15 Porter Street

15 Porter St
Cambridge, MA 02141

$6,500,000
Price
15
Beds
12
Baths
9,663 Sq. Ft.
$673 / Sq. Ft.
9,663
Sq. Ft.
$673
per Sq. Ft.

Description

Attention investors, contractors and developers. Don’t miss out on this Incredible investment opportunity! Four properties with 12 units in total are being offered as a package deal. Approximately 20 car parking between the properties.  Three of the four properties are contiguous: A six unit apartment building with an 12 car parking lot and two 2 family homes that share a 2 car garage and a driveway that can accommodate 2-3 more cars.  Directly across the street is a 2 family with a detached 2 car...

Property Details for 15 Porter Street

Town
Cambridge
MLS Area
East Cambridge
Garage Spaces
4
Parking Spaces
20
Parking Spaces Total
24

Location

Listing Courtesy of Leading Edge Real Estate, The Synergy Group; Leading Edge Real Estate, Paul Cirignano

Property Details for 15 Porter Street

StatusExpired
MLS #72857678
Days on Market65
Taxes$32,194 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1900
CountyMiddlesex County

Contact a Compass agent

By clicking "send message" you agree that Compass, its affiliates or third parties acting at their direction, including affiliated real estate professionals, may contact you, which could be by automated means. This consent applies even if you are on a Do Not Call List. Standard text message rates may apply.

Location

Listing Courtesy of Leading Edge Real Estate, The Synergy Group; Leading Edge Real Estate, Paul Cirignano

Virtual Tour

Building Information for 15 Porter Street

Stories3Residences12Year Built1900Building Size-Lot Size0.35 AC / 15,286 SF

Payment Calculator

$24,466 per month

30 year fixed, 2.95% Interest

Principal and Interest

$21,783

Property Taxes

$2,683

HOA Dues

$0

Property Information for 15 Porter Street

General Details
    Property Details
  • Property Type: Multi-family
  • Multi Family Type: 5+ Family - 5+ Units Up/Down
  • Community Features: Public Transportation, Shopping, Highway Access
  • Basement Info: Y
  • Water View: No
  • Waterfront: No
  • Color: white
  • Total Units: 12
Features
    Interior Features
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor
  • Num of Full Baths: 12.0
  • Num of Half Baths: 0.0
  • Fireplaces: 0
  • Flooring: Wood, Tile
  • Num of Baths: 12.0
    Exterior Features
  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Porch, Deck - Roof, Screens
  • Lot Description: Level
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
    Parking Features
  • Parking Features: Off-Street
    Utilities
  • Hot Water: Oil, Natural Gas
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven, Washer Hookup
  • Water: City/Town Water
Property Information
    Property Info
  • Acres: .35
  • Road Type: Public, Paved, Publicly Maint.
  • Year Round: Yes
    Tax Information
  • Assessments: $5,346,900
  • Tax Year: 2020
  • Taxes: $32,194
  • Zoning: C1
Building / Association Information
    Living Characteristics
  • Beds Total: 15
  • Total Full Bathrooms: 12
  • Total Half Bathrooms: 0
  • Total Floors: 3
  • Total Rooms: 7
  • Total Levels: 2
    Other Building Characteristics
  • Heat Units: 1
  • Levels: 2
  • Total Fireplaces: 0
  • Foundation: Irregular
  • Heat Zones: 12
    Income / Expenses
  • Annual Expenses Source: Estimated
  • Electricity: $3,600
  • GOI: $250,500
  • GRE: $42,400
  • GSE: $300
  • Insurance: $10,500
  • MGF: $20,000
  • NOI: $0
  • Rent: $0
  • RME: $2,000
  • RMS: 40
  • SEW: $3,000
  • WSE: $3,000
    Complex & Association Information
  • Adult Community: No
Unit Information
    Unit 1 Description
  • Bedrooms U1: 1
  • Floor U1: 1
  • Fireplaces U1: 0
  • Full Baths U1: 1
  • Half Baths U1: 0
  • Lease U1: Y
  • Levels U1: 1
  • Rent U1: 1850
  • Rooms U1: 3
    Unit 2 Description
  • Bedrooms U2: 2
  • Floor U2: 2
  • Fireplaces U2: 0
  • Full Baths U2: 1
  • Half Baths U2: 0
  • Lease U2: Y
  • Levels U2: 1
  • Rent U2: 1950
  • Rooms U2: 4

Property History for 15 Porter Street

DateEvent & SourcePriceAppreciation
Aug 31, 2021

Expired

MLS PIN #72857678

$6,500,000
Jun 28, 2021

Listed (Active)

MLS PIN #72857678

$6,500,000
Jun 15, 2021

Expired

MLS PIN #72782991

$6,500,000
DateEvent & SourcePrice
08/31/2021

Expired

MLS PIN #72857678

$6,500,000
06/28/2021

Listed (Active)

MLS PIN #72857678

$6,500,000
06/15/2021

Expired

MLS PIN #72782991

$6,500,000

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

Public Records for 15 Porter Street

Taxable ValueLand$216,400Additions$208,900Total$425,300
Tax Record2021$2,488 ($207 / month)
Home Facts
Baths2Total Finished SqFt1,473 SqFtAbove Grade Finished SqFt1,473 SqFtUnfinished Basement SqFt588 SqFtStories3Lot Size2,360 SqFtStyleDuplexYear Built1894CountyMIDDLESEXAPNCAMB M:00036 L:00068

Schools near 15 Porter Street


SchoolTypeGradesDistanceRating
Kennedy-LongfellowPublicPK-50.3 mi
3
Cambridge Street Upper SchoolPublic6-80.3 mi
3
Community Charter School of CambridgeCharter6-120.4 mi
7
Prospect Hill Academy Charter SchoolCharterK-120.5 mi
5

Kennedy-Longfellow

PK-5, 0.3 mi, Public

3

Cambridge Street Upper School

6-8, 0.3 mi, Public

3

Community Charter School of Cambridge

6-12, 0.4 mi, Charter

7

Prospect Hill Academy Charter School

K-12, 0.5 mi, Charter

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Leading Edge Real Estate, The Synergy Group; Leading Edge Real Estate, Paul Cirignano

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., 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., 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., 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.