417 Cardinal Medeiros Avenue offers the opportunity to acquire a fully leased investment Property in an incredible high-density, urban-infill, Cambridge neighborhood. The highly walkable location is a short walk from Kendall Square, Inman Square, the Green Line at the Union Square Station, MIT, MGH, the Charles River Esplanade, and Downtown Boston. 417 Cardinal Medeiros Avenue is a three-story multi-family building that contains a total of six units, comprised of two 4-Bedroom/1-Bathroom units, two 3-Bedroom/1-Bathroom units, and two 2-Bedroom/1-Bathroom units. The Property has undergone extensive renovations since acquisition, offering a turnkey investment with condo-quality upgrades throughout. Units feature new kitchens with granite countertops and stainless-steel appliances, including gas stoves and dishwashers, hardwood floors throughout, new bathrooms, and in-unit washers and dryers. Each of the units is separately metered for gas heat, hot water and electric.
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Last Updated: May 21st, 2024 at 5:17am
Walk/jog Trails
Highway Access
Public School
Shopping
Park
Medical Facility
Laundromat
Bike Path
Public Transportation
T-station
University
General Information for 417 Cardinal Medeiros Ave, Cambridge, Massachusetts 02141
Property TypeResidential Income
Property Sub TypeMulti Family
Price$4,000,000
Price per sqft$665.34
MLS #73239171
Handicap Access / FeaturesNo
List Date2024-05-16
Special Listing Conditions
StateMassachusetts
Street NameCardinal Medeiros Ave
CityCambridge
Zip Code02141
CountyMiddlesex
MLS Status
Covered Parking Spaces0
Heating Y/NNo
Heating System
Heat Zones
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total6012
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress417 Cardinal Medeiros Ave, Cambridge MA 02141
Zoning
Interior Features for 417 Cardinal Medeiros Ave, Cambridge, Massachusetts 02141
* Approx. Living Area Total6,012 sq ft
Living Area Includes BasementNo
Bedrooms18
* # Fireplaces0
Bathrooms (Total)6
Full Baths6
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door Features
ElectricYes
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_12
MLSPIN_BEDRMS_24
MLSPIN_BEDRMS_3
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_3
MLSPIN_F_BTHS_4
MLSPIN_GRE$40,904
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3
MLSPIN_H_BTHS_4
OffMarketDate
Exterior Features for 417 Cardinal Medeiros Ave, Cambridge, Massachusetts 02141
* Approximate Lot Size0.12 acres
Covered Parking Spaces0
Lot FeaturesLevel
* Parking Spaces0
* Sewer Utilities
* Water Utilities
* Year Built1900
Year Built Details
Year Built SourcePublic Records
Construction Materials
Exterior Features
Foundation Area
Foundation MaterialsBrick/Mortar
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)5,227 Sqft
Disclosures for 417 Cardinal Medeiros Ave, Cambridge, Massachusetts 02141
Buyer Agent Compensation2%
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation0
TransactionBrokerCompensationType
BuyerAgencyCompensationType%
Financial Information for 417 Cardinal Medeiros Ave, Cambridge, Massachusetts 02141
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$252,000
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_3
MLSPIN_LEVELS_4
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT13200
MLSPIN_RENT23700
MLSPIN_RENT3
MLSPIN_RENT4
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$211,096
OperatingExpense$40,904
OriginalListPrice$4,000,000
RENT_FEE_INCLUDESUnit 1(water), Unit 2(water)
TOTAL_RENT21000
WaterSewerExpense$0
Lifestyle Information for 417 Cardinal Medeiros Ave, Cambridge, Massachusetts 02141
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 417 Cardinal Medeiros Ave, Cambridge, Massachusetts 02141
Elementary School
Middle School
High School
NumberOfUnitsTotal6
Marketing History for 417 Cardinal Medeiros Ave, Cambridge, Massachusetts 02141
MLSPIN_MARKET_TIME_BROKER4
MLSPIN_MARKET_TIME_PROPERTY4
PurchaseContractDate
Agent Information for 417 Cardinal Medeiros Ave, Cambridge, Massachusetts 02141