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$1,699,000
Total Beds: 6 Total Baths: 3
Total Units: 3 SQFT: 3555
LOT size: 0.05 Acres
48 Berkshire Street
Cambridge, MA 02141
This Property is No Longer Available

Property Description

*Investment Opportunity!* Three-family triple-decker located steps away from Kendall Square! Situated directly across from a park on a tree-lined street, this spacious home is a rare find. The first- and third-floor units have been updated and are turn-key, with unit 3 rented for $3000/month until 8/31/2021. Each unit features insulated and heated enclosed porches, and the first-floor unit is equipped with laundry hookups. The partially finished basement includes storage and a heated bonus room as well. Prime location just steps from some of Boston's top schools and employers, and the Red Line. This is the perfect opportunity for an owner-occupant ready to earn rental income, or for a seasoned investor to rapidly build equity with simple improvements!

Property Details

Building Information

  • Total Units: 3
  • Total Rent: 6000
  • Total Floors: 6
  • Levels: 3
  • Total Rooms: 17
  • RMS: 15
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Total Fireplaces: 1
  • Amenities: Park, Public Transportation, Shopping, T-Station, University
  • Basement Features: Bulkhead, Concrete Floor, Full, Interior Access, Partially Finished
  • Common Rooms: Laundry
  • Common Interior Features: Storage

Financial

  • APOD Available: No
  • Expenses Source: Not Available
  • Gross Operating Income: 72000
  • Net Operating Income: 72000

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Cooling Zones: 1
  • Electric Info: 200 Amps
  • Utility Connections: for Electric Range, for Gas Dryer, for Gas Range, Varies per Unit, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Rent: 1500
  • Under Lease: No
  • Rooms: 5
  • Floors: 1
  • Bedrooms: 2
  • Full Baths: 1
  • Other Rooms: Kitchen, Laundry, Living Room, Sunroom
  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Features: Fireplace - Electric, Hardwood Floors, Tile Floor
  • Fireplaces: 1
  • Levels: 1

Unit 2 Description

  • Rent: 1500
  • Under Lease: No
  • Rooms: 6
  • Floors: 2
  • Bedrooms: 2
  • Full Baths: 1
  • Other Rooms: Kitchen, Living Room, Office/Den, Sunroom
  • Appliances: Range, Refrigerator
  • Interior Features: Hardwood Floors, Tile Floor
  • Levels: 1

Unit 3 Description

  • Rent: 3000
  • Under Lease: Yes
  • Rooms: 6
  • Floors: 3
  • Bedrooms: 3
  • Full Baths: 1
  • Other Rooms: Kitchen, Living Room, Office/Den, Sunroom
  • Appliances: Range, Refrigerator
  • Interior Features: Hardwood Floors, Stone/Granite/Solid Counters, Tile Floor
  • Levels: 1

Construction

  • Year Built: 1930
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Slab
  • Roof Material: Rubber
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Year Round: Yes

Other Information

  • MLS ID# 72814423
  • Last Updated: 05/14/21

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