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Karlis Bite, REALTORĀ®


Remarks

TURN KEY INVESTMENT PROPERTY WITH 6% CAP RATE! EXTENSIVELY RENOVATED SEMI-DETACHED LEGAL DUPLEX NEXT TO GASLIGHT DISTRICT AND SHORT WALK TO SCHOOL OF ARCHITECTURE AND DOWNTOWN CAMBRIDGE. C1RM1 ZONING ALLOWS WIDE RANGE OF COMMERCIAL USES. 3 BEDROOM MAIN FLOOR UNIT WITH NEW KITCHEN, BATH, FLOORS, SOME WINDOWS AND PATIO DOOR (RENTS FOR $1,575 INCL, $1,609 EFF. DEC 1ST). UPSTAIRS 1 BEDROOM WITH NEW KITCHEN, BATH AND FLOORS (RENTS FOR $1475 INCL) BASEMENT HAS AN ADDITIONAL UNIT WITH SEPARATE WALK-UP AT SIDE ($671 INCL, $685 DEC 1ST). GREAT LONG-TERM TENANTS. VERY GOOD REDEVELOPMENT POTENTIAL. NEW CONCRETE DRIVEWAY. RECENT FIRE DEPARTMENT, ESA, AND SPRINKLER INSPECTIONS.


Inclusions:  OTHER
Exclusions:  ALL TENANTS' BELONGINGS (INCLUDING WASHER AND DRYER IN MAIN FLOOR UNIT)

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