Rachel (Hillman) Foy - Hillman Homes

75-77 Thorndike St, Cambridge, MA 02141

Lechmere Square

Multi-Family

$2,400,000
Price

4
Units
4,254
Approx. GLA
Rare Opportunity To Own Two Multi-Family Houses on the Same Lot in a Prime Cambridge Location. Kendall Sq., with its trendy restaurants and tech center is at your doorstep, and Boston is right across the Charles River. A perfect investment property that can be tailored to your needs. Rent them all out, or live in one building and rent out the other, or ideal for condo conversion. The front building is comprised of 2 units. The first floor is a 2 bedroom with hardwood floors, fireplace, and large eat-in kitchen. The 2nd floor unit boasts an open concept living/dining space with fireplace and circular stairs, as well as 4 bedrooms on two levels, all with hardwood floors. The back building also has 2 units, each with 2 bedrooms, living rooms, and eat-in kitchens with dishwashers. Laundry and storage are in the basement. There is potential to park up to 4 cars and there is space for a patio. Maintenance free siding. 3 blocks to Lechmere (Green Line) and 6 blocks to Kendall Sq (Red Line).
Open House
No scheduled Open Houses
Highlights
Area/Village: Lechmere Square
Basement Features: Full, Concrete Floor
List Price: $2,400,000
Type: Multi-Family
Multi-Family Type: 4 Family
Status: Active
Beds: 10
Baths: 4
Units: 4
Year Built: 1854
Approx. GLA: 4,254
MLS#: 72523845
Interior
Basement: Yes
Electricity Cost: $600
Electric Features: 220 Volts, 100 Amps
Heating Units: 4
Heating Zones: 4
Flooring: Vinyl, Wall to Wall Carpet, Varies Per Unit, Hardwood
Fireplaces: 2
Rooms: 19
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Facing: South
Acres: 0.09
Lot Size: 4,100.00
Lot Description: Paved Drive, Fenced/Enclosed, Level
Foundation: Fieldstone
Parking Spaces: 2
Parking Features: Off-Street
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Exterior: Vinyl
Exterior Features: Porch
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $1,656,800
Taxes: $9,841
Tax Year: 2019
Book/Page: 34099/480
Beach
Beach: No
Expenses
Gross Income: $116,400
Gross Expenses: $10,800
Net Income: $105,600
Insurance Cost: $5,000
Refuse Cost: $1,000
R&M Cost: $1,200
Water Cost: $3,000
 
 
Additional
Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, T-Station
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 1 1 1 0 Yes 1 $2,230
Unit 2 7 4 1 2 1 0 Yes 2 $3,200
Unit 3 4 2 0 1 1 0 Yes 1 $2,600
Unit 4 4 2 0 2 1 0 Yes 1 $2,600
Units Extras
Unit 1
Rent Includes:  Water  Applicances:  Range, Wall Oven, Dishwasher, Refrigerator  Heating:  Steam, Oil  Interior:  Hardwood Floors, Ceiling Fans, Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Applicances:  Range, Wall Oven, Dishwasher, Refrigerator  Heating:  Steam, Oil  Interior:  Hardwood Floors, Cable TV Available  Rooms:  Living Room, Dining Room, Kitchen 
Unit 3
Rent Includes:  Water  Applicances:  Range, Wall Oven, Dishwasher, Refrigerator  Heating:  Steam, Oil  Interior:  Ceiling Fans  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Water  Applicances:  Range, Wall Oven, Dishwasher, Refrigerator  Heating:  Steam, Oil  Interior:  Ceiling Fans  Rooms:  Living Room, Kitchen 
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The listing office is RE/MAX Destiny and the listing agent is David Lilley. The property listing data and information, or the images, 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, 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. and it's 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. The data was last modified on 12/18/2018 2:44:00 PM.
 
Rachel (Hillman) Foy
Rachel (Hillman) Foy
Broker / Owner
Hillman Homes