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Commonwealth

4 Fayette Park, Cambridge, MA 02139


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  • Multi-Family Home
  • Price: $1,898,000
  • Square Feet: 3,025
  • Taxes: $10,882
  • Year Built: 1903
  • MLS Number: 72262015
  • Status: Contingent

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Description

Super clean deleaded 3-family in Mid-Cambridge, substantially updated for hassle free rentals, or a lucrative condo conversion. Built in early 1900’s & renovated in 2012 & 2015, this legal 3-family is a well-operating rental property with leases through August 2018 for $8,800/month. High ceilings, beautiful original floors, & solid doors are a nod to yesteryear, while all the updates – renovated granite & stainless kitchens, newly tiled baths, central air (2 units), all new electrical, & replacement windows, – provide thoroughly modern apartments. Amenities include basement storage, shared laundry and a common patio & rear yard. Excellent commuting location .6 miles to Central Sq red line MBTA, just under a mile to Harvard Sq & only steps to vibrant Inman Sq, with restaurants, entertainment, shopping & grocery stores. A blue chip investment property! See attached Certificate of Occupancy for 3 units and detailed brochure with floor plans. Offers, if any, are due Tuesday, Dec 12th @4pm.


Directions

Broadway to Fayette Street to Fayette Park. DO NOT PARK ON FAYETTE PARK.


Mortgage Payments

The approximate monthly Principal & Interest payment for this property would be $9,169.99. This payment is based on a 30-year loan at a fixed rate of 5.0% with a down payment of $189,800. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.

Features

  • Number of rooms: 12
  • Rooms in unit #1: 4
  • Bedrooms in unit #1: 2
  • Bedrooms in unit #2: 3
  • Bedrooms in unit #3: 1
  • Baths in unit #1: 1
  • Baths in unit #2: 1
  • Baths in unit #3: 1
  • Asbestos exterior
  • Shingle exterior
  • Frame exterior
  • Insulated windows
  • Porch
  • Patio
  • Fenced yard
  • Garden space
  • Lot acreage is: 0.06
  • Level lot
  • Lot size: 2791.00
  • Lot zoned: Res
  • Asphalt roof
  • Concrete basement
  • Full basement
  • City sewer
  • City water
  • Total square feet: 3025.00


Information Deemed Reliable But Not Guaranteed.

Data last updated: 12/15/2017


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Courtesy of:
Coldwell Banker Residential Brokerage - Cambridge - Mass Ave., Lisa Drapkin
© 2017 MLS Property Information Network, Inc;
The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc.
and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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