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

18 Fainwood Cir Cambridge, MA 02139

NEW
18 Photos
$2,400,000
3 Unit
12 Beds
3 Baths
3669 SQFT
0.10 Acre
18 Fainwood Cir
Cambridge, MA 02139

Property Description

18 Fainwood Circle consists of a three-story building with three 4-Bedroom/1-Bathroom units (currently rented as 3-bedroom units). Each of the units are separately metered for heat (gas - steam radiators), hot water, and electricity. The opportunity exists to utilize each unit as a 4-bedroom unit as well as potentially adding a 2nd bathroom by utilizing the pantry space in the kitchen. Unit 1 features in-unit washer and dryer and an enclosed porch (all season) at the rear of the unit. Units 2 and 3 have access to a laundry facility in the basement, and feature front and rear porches. Additionally, the building has a tandem parking space that can accommodate 3 vehicles. 18 Fainwood Circle is well maintained with recent capital improvements. The opportunity exists, through programmatic upgrades, to significantly increase the rental income or position the property for a condo exit.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 12
  • Total Full Baths: 3
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Gross Operating Income: 132000
  • Gross Expenses: 30644
  • Net Operating Income: 101356

Utilities

  • Electric Info: Individually Metered
  • 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

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1916
  • Type: 3 Family
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73314083
  • Last Updated: 11/19/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
11/19/2024New$2,400,000$654MLSPIN
08/11/2024Expired$2,495,000$680MLSPIN
08/10/2024Active$2,495,000$680MLSPIN
08/03/2024Extended$2,495,000$680MLSPIN
07/28/2024Active$2,495,000$680MLSPIN
07/24/2024Extended$2,495,000$680MLSPIN
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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Map & Resources

John M Tobin School

Public Elementary School, Grades: PK-5

0.19mi

Castle School Inc

Special Education, Grades: SP

0.31mi

Cambridge-Ellis School

School

0.31mi

Tree House Academy

Grades: PK-K

0.36mi

Cambridge Rindge and Latin School

Public Secondary School, Grades: 9-12

0.42mi

Cambridgeport School

Public Elementary School, Grades: PK-5

0.43mi

Harvard University

University

0.45mi

Albert F. Argenziano School at Lincoln Park

Public Elementary School, Grades: PK-8

0.45mi

Parlor Sports

Bar

0.13mi

1369 Coffee House

Coffee Shop. Offers: Vegetarian

0.17mi

Barismo 364

Coffee Shop & Cake (Cafe)

0.23mi

bom dough

Cafe

0.27mi

Broadsheet Coffee Roasters

Coffee Shop & Mediterranean (Cafe)

0.34mi

Cicada Coffee Bar

Coffee Shop

0.43mi

Beauty's Pizza

Pizzeria

0.25mi

Dial-A-Pizza

Pizzeria

0.39mi

Cambridge Fire Department

Fire Station

0.15mi

Temporary Station 10

Fire Station

0.22mi

Cambridge Fire Department

Fire Station

0.56mi

Cambridge Hospital

Hospital

0.03mi

Spaulding Hospital Cambridge

Hospital

0.14mi

Cambridge Police Reporting Station

Police

0.59mi

War Memorial Recreation Center

Sports Centre. Sports: Swimming

0.3mi

Argenziano Field

Sports Centre. Sports: Soccer

0.38mi

YWCA

Sports Centre

0.46mi

Fitlab Pilates

Fitness Centre. Sports: Pilates

0.23mi

Fitness Together

Fitness Centre

0.39mi

Lincoln Park Off-Leash Area

Dog Park

0.33mi

Maple Avenue Park

Park

0.03mi

Paine Park

Municipal Park

0.21mi

Wilder-Lee Park

Municipal Park

0.24mi

Monagle Plaza

Park

0.26mi

Joan Lorentz Park

Park

0.28mi

Lincoln Park

Municipal Park

0.29mi

Concord Square

Park

0.31mi

Duffett Tot Lot

Playground

0.03mi

Longfellow School Playground

Playground

0.18mi

Wilder Play Area

Playground

0.25mi

Cooper Playground

Playground

0.35mi

Palmacci Playground

Playground

0.43mi

Naveo Credit Union

Bank

0.13mi

Cambridge Savings Bank

Bank

0.18mi

East Cambridge Savings Bank

Bank

0.22mi

Salon Bellissima

Beauty

0.19mi

Filomena's

Beauty

0.3mi

Franco's Hair Studio

Hairdresser

0.32mi

Temple of Groom

Hairdresser

0.46mi

Cambridge Health Alliance

Doctor

0.08mi

Walgreens

Pharmacy

0.08mi

Inman Pharmacy

Pharmacy

0.12mi

Skendarian Apothecary

Pharmacy

0.28mi

Door Store

Furniture

0.46mi

7-Eleven

Convenience

0.25mi

Quick Food Mart

Convenience

0.28mi

Friendly Market

Convenience

0.29mi

Harvard Market

Convenience

0.29mi

Cambridge St @ Highland Ave

69

0.05mi

Cambridge St @ Camelia Ave - Cambridge Hospital

69

0.05mi

Cambridge St @ Fayette St

69

0.08mi

Beacon St opp Concord Ave

83

0.11mi

45 Beacon St

83

0.15mi

Beacon St @ Cooney St

83

0.17mi

Hampshire St @ Cambridge St

83

0.17mi

Cambridge St @ Springfield St

69

0.18mi

Seller's Representative: John Pentore, Horvath & Tremblay
MLS ID#: 73314083

© 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 2024-11-19 17:21:00

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