14 Bay State Road Cambridge MA 02138 MLS #73217485

14 Bay State Road
Cambridge, MA, 02138
$1,300,000
5 Beds
4 Baths
2,300 SqFt
0.07 Acres
$1,300,000
14 Bay State Road
Cambridge, MA, 02138
Investor’s Dream! Step into a surprisingly appealing 2-family with a total of 5 bedrooms 4 baths. Unit 1 is first floor. Unit 2 is 2nd and 3rd floor. Notice the following: most ceilings are 8.6’, crown molding & wainscoting add charm, cream & bright white trim colors look fresh, 24 replacement windows create sunlight on all 4 sides, parking for 3+ cars, and plenty of dry storage in basement. Newer hot water heaters and rehabbed gas-fueled Burnham boiler & furnace provide reliable heat. ACs available. Current rent is $5000/mo but is undermarket. The kitchens boast plenty of storage, disposal, gas range, marble countertops. Walkable to Fresh Pond, Louis Depascale playground, Whole Foods, TJMax, Trader Joes, buses. Current tenants enjoy these units and one couple wants to stay (even with rent increase). That tells you something. Discounted American Home Shield warranty is available for buyer to purchase on mechanicals, appliances, and roof at time of close

Property Details

Price:
$1,300,000
MLS #:
73217485
Status:
Active Under Contract
Beds:
5
Baths:
4
Address:
14 Bay State Road
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Cambridge
Listed Date:
Mar 29, 2024
State:
MA
Finished Sq Ft:
2,300
ZIP:
02138
Lot Size:
3,177 sqft / 0.07 acres (approx)
Year Built:
1890

Schools

Elementary School:
Lottery
Middle School:
Lottery
High School:
Crls

Interior

Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Range Hood, E N E R G Y S T A R Qualified Dishwasher
Bathrooms
4 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Tile, Vinyl, Hardwood, Wood, Stone/ Ceramic Tile
Heating
Hot Water, Natural Gas, Steam
Laundry Features
Electric Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, Public School, University
Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Shared Driveway, Off Street, On Street
Parking Spots
3
Roof
Shingle

Financial

Buyer Agent Compensation
2.5%
Net Operating Income
$60,000
Tax Year
2024
Taxes
$7,116
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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