7 Bedroom
4 Bathroom
Raised Bungalow
Central Air Conditioning
Forced Air
$1,690,000
This is the definition of a turnkey and worry free investment. Welcome to 42 Portland st. Cambridge. No expense was spared in this conversion project from church to 4 unit property. With a 5 year lease in place for all 4 units, the savvy investor has no worries about tenant turn over, no worries about rental increases (4% per year already in place), and no worries about the maintenances of the building. In the next 5 years this building will collect $614,210 in rent and tenant covers all utilities. All mechanicals new and owned, appliances are brand new, metal roof for longevity, all new wiring (200amp) and plumbing and a new water main and sewer main, and Insulation redone to meet energy efficiency code. Located in a quiet area and truly a must see, don't let this opportunity slip by. (id:27910)
Property Details
MLS® Number
|
X8442146 |
Property Type
|
Single Family |
Parking Space Total
|
6 |
Building
Bathroom Total
|
4 |
Bedrooms Above Ground
|
4 |
Bedrooms Below Ground
|
3 |
Bedrooms Total
|
7 |
Appliances
|
Dryer, Microwave, Refrigerator, Stove, Two Washers, Two Stoves, Washer |
Architectural Style
|
Raised Bungalow |
Basement Development
|
Finished |
Basement Type
|
N/a (finished) |
Cooling Type
|
Central Air Conditioning |
Exterior Finish
|
Brick, Aluminum Siding |
Foundation Type
|
Poured Concrete |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
1 |
Type
|
Fourplex |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Irregular
|
45 X 120 Ft |
Size Total Text
|
45 X 120 Ft |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Basement |
Bathroom |
1.49 m |
2.61 m |
1.49 m x 2.61 m |
Basement |
Bathroom |
1.47 m |
2.5 m |
1.47 m x 2.5 m |
Basement |
Bedroom |
2.89 m |
3.07 m |
2.89 m x 3.07 m |
Basement |
Bedroom |
2.65 m |
2.89 m |
2.65 m x 2.89 m |
Basement |
Bedroom |
2.88 m |
4.12 m |
2.88 m x 4.12 m |
Main Level |
Bathroom |
1.48 m |
2.36 m |
1.48 m x 2.36 m |
Main Level |
Bedroom |
2.74 m |
2.79 m |
2.74 m x 2.79 m |
Main Level |
Bedroom |
3.64 m |
2.95 m |
3.64 m x 2.95 m |
Main Level |
Bedroom |
2.72 m |
2.74 m |
2.72 m x 2.74 m |
Main Level |
Bedroom |
3.65 m |
4.4 m |
3.65 m x 4.4 m |
Main Level |
Bathroom |
1.49 m |
2.57 m |
1.49 m x 2.57 m |