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28 Clay Street Cambridge , MA 02140
$34,240
You save 1% of the purchase
12 bed | 6 bath | 4,413sqft | $13,006 est. monthly cost
$3,424,000
List Price
Home Information
21 Rooms
12 Bedrooms
6 Bathrooms
6 Parking
Excellent turn-key High cash flow investment with leases in place through 8/31/22 (#3 renewed to 8/31/23). Property generates over $15,525/month with room to increase (projected 22/23 income $16k/mo). Expenses given includes W&S, RE taxes and insurance. Huge 3-family in quiet neighborhood, sought-after N Cambridge location walking to Alewife & Davis T Red Line. Well-kept & managed with 4 bay garages and deep basement could create upside expansion potential (condo conversion?). Elegant condo-quality (please view pictures!) renovated units with central AC, HW floors, private front & back balconies, updated kitchens and bathrooms, newer stainless appliances, granite countertops, LED lighting throughout. Coin-op washing machine, garages rented. High 89 walk score transit, restaurants, shops, services, parks, basketball/tennis courts bike paths nearby 89 walk score. Could be a great condo conversion! Endless potential.
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Property type
Multi-family
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# of Bedrooms
12
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# of Bathrooms
6
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# Number of Units
3
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Year Built
1924
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Size
4,413
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Lot Size
6,098
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HOA
None
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Basement
Yes
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Heating
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Total Parking
6
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Roof Material
Rubber
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Flooring