This charming 3 - family home at 64 - 66 Sixth Street in East Cambridge spanning 4,205 square feet, is an outstanding real estate opportunity. The house is well - maintained, boasting spacious rooms, high ceilings, period details, along with updated gas heating, electrical systems, a 2021 - installed roof and newer windows. New hardwood flooring installed throughout the 2nd fl unit. Impressive rented 13-bedroom multi-family property, with each unit featuring 3 bedrooms + a living room that used as a 4th bedroom. Additionally, there is a fully renovated rented 1-bedroom, 1-bathroom basement unit, making this an excellent income-generating investment. U-1 rents for $4,250, U-2 for $3,500, U-3 for $3,500, and the basement unit for $1,950, generating a healthy $158k annual income with a solid rental history. The area is booming with new commercial and public projects, promising significant property value appreciation. It's an ideal pick for investors eyeing high - return opportunities.
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Last Updated: March 30th, 2025 at 4:28am
Gross Income: $181,800
Gross Expenses: $9,522
Net Income Calc: $172,278
CAP Rate: 7.49%
Annual Expenses for 64-66 6th St, Cambridge MA 02141
Total Gross Expenses (Calculated)$9,522/year
APOD AvailableYes
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$9,522
Annual Income & Unit Breakdown for 64-66 6th St, Cambridge MA 02141
Total Gross Income (Calculated)$181,800
Unit 1
Rental Income6200
LeaseY
Bedrooms4
Bathrooms3 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income3500
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income3500
LeaseY
Bedrooms3
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 64-66 6th St, Cambridge MA 02141
Listing ID73341223
Property TypeMulti Family / 3 Family
Price$2,299,000 ($546.73/SqFt)
Style
CityCambridge
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total4,205 SqFt
Approximate Lot Size (Acres)0.04 acres
Total Parking0
Garage Parking
Year Built1903
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel, Corner Lot
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningC-1
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 64-66 6th St, Cambridge MA 02141
Disclosures for 64-66 6th St, Cambridge MA 02141
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureThe finished basement area is not included in the
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$6,000
Total Gross Income By Broker$158,400
Total Net Income By Broker$152,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Location Information for 64-66 6th St, Cambridge MA 02141
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 64-66 6th St, Cambridge MA 02141