223 Charles Street

Cambridge, MA 02141

$5,200,000
Price
18
Beds
6
Baths
6,700 Sq. Ft.
$776 / Sq. Ft.
6,700
Sq. Ft.
$776
per Sq. Ft.

Description

KENDALL SQUARE GEM in EAST CAMBRIDGE, MA ONE OF THE PREMIER MARKETS IN THE COUNTRY! A unique opportunity to acquire an investment grade fully-leased SIX FAMILY property with the potential to add two conforming units OR MAY HAVE POTENTIAL TO REDEVELOP INTO SINGLE FAMILY HOME WITH OFFICE OR MAY HAVE POTENTIAL FOR CONDOMINIUM CONVERSION. Each unit is separately metered. CURRENTLY, the Property features Four Parking Spaces with an attractive Outdoor Garden. There is a Coin-Operated Laundry W/D in basement....KENDALL SQUARE GEM in EAST CAMBRIDGE, MA ONE OF THE PREMIER MARKETS IN THE COUNTRY! A unique opportunity to acquire an investment grade fully-leased SIX FAMILY property with the potential to add two conforming units OR MAY HAVE POTENTIAL TO REDEVELOP INTO SINGLE FAMILY HOME WITH OFFICE OR MAY HAVE POTENTIAL FOR CONDOMINIUM CONVERSION. Each unit is separately metered. CURRENTLY, the Property features Four Parking Spaces with an attractive Outdoor Garden. There is a Coin-Operated Laundry W/D in basement. A new rubber roof was installed in 2023 and a Locinvar Heating System was installed in 2018; the property is in good condition and is offered AS IS. BUYERS ARE ENCOURAGED TO MAKE AN OFFER - FULL PACKAGE WITH PHOTOS and OPERATING DATA AVAILABLE from the Listing Broker. Solid rental history, owner leased, efficiently managed, within 5 min walk to MIT/Kendall Red Line, bike to Mass General Hospital & Harvard. Steps from the Broad Institute.
  1. Listed by Mary Gardill • Mary Gardill

Property Details for 223 Charles Street

Town
Cambridge
MLS Area
East Cambridge
Area
MA-Cambridge-East Cambridge, MA-Cambridge
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4

Location

Listing Courtesy of Mary Gardill, Mary Gardill
Add your commute
LISTING UPDATED: 04/01/2024 10:34 AM

Property Details for 223 Charles Street

StatusActive
MLS #73211079
Days on Market47
Taxes$15,000 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1925
CountyMiddlesex County

Location

Listing Courtesy of Mary Gardill, Mary Gardill
Add your commute

Building Information for 223 Charles Street

Stories5Residences6Year Built1925Building Size-Lot Size0.09 AC / 4,006 SF

Payment Calculator

$29,629 per month

30 year fixed, 7.25% Interest

Principal and Interest

$28,379

Property Taxes

$1,250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 223 Charles Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Sidewalks
  • Living Area: 6700.0
  • Color: Yellow
  • SqFt with Basement: Yes
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • 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: Yes
  • Fireplaces: 1
  • Flooring: Wood, Vinyl, Other
  • SpaYN: No
Exterior Features
  • Lot Description: Level
  • Roof Material: Other
  • View: City View(s)
  • View: Yes
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Leased, Tandem, Improved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Leased, Tandem, Improved Driveway
  • Parking Features: Off-Street, Leased, Tandem, Improved Driveway
Utilities
  • Electric: Other (See Remarks)
  • Green Energy Efficient: Other (See Remarks)
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Gas Oven
  • Water: Public, Individual Meter
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: No fireplaces in the house,some ornamental mantels.
Tax Information
  • Tax ID: 400682
  • Assessments: $2,570,900
  • Book: 67543
  • Lot: 128
  • Map: 26
  • Tax Year: 2024
  • Zoning: C-1 check
Building / Association Information
Living Characteristics
  • Beds Total: 18
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Other
  • Frontage: 40.00
Income / Expenses
  • Annual Expenses Source: Owner
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: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Selling Broker Comp: 2%
  • Other Agent Compensation: 0

Property History for 223 Charles Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 223 Charles Street

Taxable ValueLand$1,236,600Additions$1,334,300Total$2,570,900
Tax Record2024$15,220 ($1,268 / month)
Home Facts
Total Finished SqFt5,025 SqFtAbove Grade Finished SqFt5,025 SqFtUnfinished Basement SqFt1,675 SqFtStories3Lot Size4,005 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningC-1CountyMIDDLESEXAPNCAMB M:00026 L:00128

Schools near 223 Charles 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
Kennedy-Longfellow School
PublicPK to 5

Cambridge Street Upper School
Public6 to 8

Cambridge Rindge and Latin School
Public9 to 12

Fletcher/Maynard Academy
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

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.

223 Charles Street is a multi-family home for sale in Cambridge, MA 02141. This property was listed for sale on March 12, 2024 by Mary Gardill, it's currently listed at $5,200,000. It has been on the market for a total of 47 days and was last sold on May 14, 2010. 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. 223 Charles Street is a 18-bed, 6-bath, 6,700 sqft multi-family home built in 1925.

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 Mary Gardill, Mary Gardill

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.