223 Charles Street
223 Charles Street
$5,200,000
18
6
6,700
6,700
$776
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.
- Listed by Mary Gardill • Mary Gardill
Property Details for 223 Charles Street
Town
Cambridge
MLS AreaEast Cambridge
AreaMA-Cambridge-East Cambridge, MA-Cambridge
Garage Spaces0
Parking Spaces4.00
Parking Spaces Total4
Location
LISTING UPDATED: 04/01/2024 10:34 AM
Property Details for 223 Charles Street
Status | Active |
---|---|
MLS # | 73211079 |
Days on Market | 47 |
Taxes | $15,000 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5-9 Family |
Year Built | 1925 |
County | Middlesex County |
Location
Building Information for 223 Charles Street
Stories5Residences6Year Built1925Building Size-Lot Size0.09 AC / 4,006 SF
Payment Calculator
$29,629 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 223 Charles Street
Property History for 223 Charles 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 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.
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