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$2,777,000

Multi-family - 3 Units

4,413 sqft

28-30 Clay Street #
Cambridge, 02140 - North Cambridge

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Best investment in Cambridge! Excellent turn-key High cash flow investment with leases in place through Aug 2023. Property generates $15,900/month with garage rental $1,100. 2 unrented parking spots could generate additional income Huge 3-family in quiet neighborhood, highly sought-after N Cambridge location walking to Alewife & Davis T Red Line. Well-kept & managed with 4 bay garages and deep basement for upside expansion potential to duplex to first floor or an aux unit? Elegant condo-quality 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! Income does not include additional parking income and coin op laundry

MLS ID:72964737
Parking:6, Off-Street,Rented,Tandem,On Street Permit
Annual Tax:$13,150
Assessments:$2,143,400
Year Built:1924
Amenities:Public Transportation,Shopping,Tennis Court,Park,Walk/Jog Trails,Bike Path,Highway Access,T-Station
Days on market:751
Basement:Full
Construction:Frame
Electricity:220 Volts
Energy Features:Insulated Windows,Insulated Doors
Exterior Features:Porch - Enclosed,Gutters,Fenced Yard

Unit information

Unit 1
Unit Floor:1 Living Levels:1 Rooms:7 Bedrooms:4 Bathrooms:2 full / 0 half Rent:4800 Lease:Y
Unit 2
Unit Floor:2 Living Levels:1 Rooms:7 Bedrooms:4 Bathrooms:2 full / 0 half Rent:5000 Lease:Y
Unit 3
Unit Floor:3 Living Levels:1 Rooms:7 Bedrooms:4 Bathrooms:2 full / 0 half Rent:5000 Lease:Y

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