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1126 Cambridge St. Cambridge , MA 02139

$19,950

You save 1% of the purchase

4 bed | 3 bath | 3,126sqft | $8,031 est. monthly cost

$1,995,000

List Price

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Home Information

13 Rooms

4 Bedrooms

3 Bathrooms

0 Parking

Back on market due to buyer's inability to obtain financing. Rare opportunity to own a fully leased, mixed-use property right in the heart of Inman Sq. Just 1.1 miles west of Lechmere .7 miles north of Central Sq., and .5 miles south of the new Union Sq. T stop, this 3-unit offering is favorably situated amidst the bustling shops/eateries that comprise Cambridge St. The first-floor business is owned and independently operated by Momi Nonmi, a successful and efficiently functioning takeout destination with a full liquor license. NNN lease is in place for the commercial space which runs up until 2029 with an escalating annual rent (unit currently yields $4,244/month but increases to $5,219/month by term end). Commercial tenant pays for half the water/sewer bill each quarter, as well as the commercial portion of the property taxes. Unit #2 brings in $2,200 per month and unit #3 yields $2,500 per month. Total annual rent for the building amounts to $107,328 with very little overhead.

  • Property type

Multi-family

  • # of Bedrooms

4

  • # of Bathrooms

3

  • # Number of Units

3

  • Year Built

1862

  • Size

3,126

  • Lot Size

1,154

  • HOA

None

  • Basement

Yes

  • Heating

  • Total Parking

0

  • Roof Material

Rubber

  • Flooring

Wood

Certain information contained herein is derived from information provided by parties other than Nuhom.co. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
*Savings is based on eligible homes, purchase price, and cooperative commission rate. 

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