Skip To Content

361 Washington Street

Cambridge, MA 02139
  • $4,700,000
  • STATUS: Active
  • MLS #: 72921538
UPDATED: 18 min ago
$4,700,000
  • 18
    BEDS
  • 0.12
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 6,378
    SQFT
  • $737
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Listing courtesy of John Pentore of Horvath & Tremblay.

Description

361 Washington offers the rare opportunity to acquire a six-unit multi-family asset in one of the countrys best performing real estate markets. Situated in an incredible urban infill location on a tree-lined residential street, the 361 Washington is sandwiched between Central Square (0.3 miles), the traditional downtown of Cambridge and Kendall Square (0.7 miles), one of the most prominent hubs of technology and life-science firms in the world. The property is also located within a mile to world renowned universities, HARVARD AND MIT. The Property features desirable bedroom counts with six (6), 3-Bedroom Units. There is an opportunity to generate additional income from the property by further updating the units interiors to further drive the rental rates. The potential opportunity exists to convert the covered porches and add additional living space throughout the property. Additional building amenities include coin-op laundry, off-street parking and bicycle racks for tenants.

Monthly Payment Calculator



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. Data last updated 2021-11-28T10:07:37.687.
www.parrottrealtygroup.com/homes/123392356
Print Image

361 Washington Street Cambridge, MA 02139

  • Price: $4,700,000
  • Status: Active
  • On Site: Days
  • Updated: 18 min ago
  • MLS #: 72921538
18
Beds
6
Baths
0
½ Baths
0.12
Acres
6,378
SQFT
$737
$/SQFT
1900
Built
Neighborhood:
Central Square
County:
Middlesex
Area:
Central Square
Property Description
361 Washington offers the rare opportunity to acquire a six-unit multi-family asset in one of the countrys best performing real estate markets. Situated in an incredible urban infill location on a tree-lined residential street, the 361 Washington is sandwiched between Central Square (0.3 miles), the traditional downtown of Cambridge and Kendall Square (0.7 miles), one of the most prominent hubs of technology and life-science firms in the world. The property is also located within a mile to world renowned universities, HARVARD AND MIT. The Property features desirable bedroom counts with six (6), 3-Bedroom Units. There is an opportunity to generate additional income from the property by further updating the units interiors to further drive the rental rates. The potential opportunity exists to convert the covered porches and add additional living space throughout the property. Additional building amenities include coin-op laundry, off-street parking and bicycle racks for tenants.
Exterior Features

Beachfront No Construction Frame Exterior Vinyl Exterior Features Porch Foundation Concrete Block Lot Description Other (See Remarks) Parking Features Off-StreetTandem Parking Spaces 2 Road Type Public Roof Material Rubber Waterfront Flag No

Interior Features

Appliances Common WasherDryer Basement Yes Basement Features Full Bedrooms Unit1 3 Bedrooms Unit2 3 Bedrooms Unit3 3 Bedrooms Unit4 3 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring Wood Floors Unit1 1 Floors Unit2 1 Floors Unit3 2 Floors Unit4 2 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heating Unit1 Hot Water Radiators Heating Unit2 Hot Water Radiators Heating Unit3 Hot Water Radiators Heating Unit4 Hot Water Radiators Hot Water Natural Gas Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 25 Rooms Common Laundry Rooms Description Unit1 Living RoomKitchen Rooms Description Unit2 Living RoomKitchen Rooms Description Unit3 Living RoomKitchen Rooms Description Unit4 Living RoomKitchen Rooms Unit1 5 Rooms Unit2 5 Rooms Unit3 5 Rooms Unit4 5

Property Features

Amenities Public TransportationShoppingParkT-StationUniversity Apod Available Yes Assessments 2935700.00 Disclosure No Expenses Year End 99/99 Gross Operating Income 241005 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lease Unit4 Y Lender Owned No Lot 10 Multifamily Type 5-9 Family Net Operating Income 199800 Rent Description Unit1 WaterNone Rent Description Unit2 WaterNone Rent Description Unit3 WaterNone Rent Description Unit4 WaterNone Rent Unit1 3450 Rent Unit2 3100 Rent Unit3 3200 Rent Unit4 3300 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2021 Taxes 17672.00 Utility Connections For Gas Range Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning C1

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of John Pentore of Horvath & Tremblay.


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. Data last updated 2021-11-28T10:07:37.687.
 
https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72921538_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72921538_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72921538_1.jpg
Logo
Parrott Realty Group | Keller Williams Gateway Realty
20 Trafalgar Square
Nashua NH, 03063
Listing courtesy of John Pentore of Horvath & Tremblay.