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You are here:
Home Massachusetts Cambridge Multi-Family Homes for Sale

18 Fainwood Circle Cambridge, MA 02139

37 Days on Boston Pads
Price Reduced $100,000
21 Photos
$2,495,000
3 Unit
6 Beds
3 Baths
3669 SQFT
0.10 Acre
18 Fainwood Circle
Cambridge, MA 02139

Property Description

**Large Price Improvement!** Excellent investment opportunity available for sale. Classic triple decker three-family with excellent rental history. All units are rented as 3-4 bedrooms although public record lists them as two-bedrooms each. First floor has bonus enclosed three season porch. Private front & back porch for the second and third floor units. Tandem driveway fits up to four cars, with large front yard. Separate utilities for each unit, with gas heating, water heaters, and cooking. All bathrooms have been updated. All units rented with leases ending this summer. Some tenants may interested in staying for another year. Top notch location, with easy access to Central Square, Inman Square, Harvard Square and more.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Common Appliances: Dishwasher, Dryer, Freezer, Range, Refrigerator, Washer
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 123600
  • Gross Expenses: 5600
  • Water/Sewer: 1600
  • INSC: 4000
  • Net Operating Income: 123600

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1916
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Tar & Gravel
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73244254
  • Last Updated: 06/18/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
06/17/2024Active$2,495,000$680MLSPIN
06/13/2024Price Change$2,495,000$680MLSPIN
06/02/2024Active$2,595,000$707MLSPIN
05/29/2024New$2,595,000$707MLSPIN

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View Breakdown

Seller's Representative: Michael Wilson-Pierce, Cambridge Realty Group, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 0
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-06-18 22:56:00

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