RARE OPPORTUNITY! INVESTOR’S DREAM! TURNKEY EIGHT-UNITS PROPERTY W. EXCELLENT LOCATION AND HIGH RENTAL INCOME! This 3 level GEM nestles at a corner lot between Hingham St and Putnam Ave, including four townhouse-style units facing Hingham St, and four studio units with acces...
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Last Updated: April 5th, 2025 at 8:53am
Gross Income: $283,200
Gross Expenses: $32,960
Net Income Calc: $250,240
CAP Rate: 4.00%
Annual Expenses for 2 Hingham St, Cambridge MA 02138
Total Gross Expenses (Calculated)$32,960/year
APOD AvailableNo
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$32,960
Annual Income & Unit Breakdown for 2 Hingham St, Cambridge MA 02138
Total Gross Income (Calculated)$283,200
Unit 1
Rental Income5950
LeaseY
Bedrooms4
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit3
HeatingYes
Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat
Unit 2
Rental Income5650
LeaseY
Bedrooms4
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit3
HeatingYes
Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat
Unit 3
Rental Income6000
LeaseY
Bedrooms4
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit3
HeatingYes
Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat
Unit 4
Rental Income6000
LeaseY
Bedrooms4
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit3
HeatingYes
Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat
General Information for 2 Hingham St, Cambridge MA 02138
Listing ID73347172
Property TypeMulti Family / 5+ Family
Price$6,250,000 ($765.93/SqFt)
Style
CityCambridge
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total8,160 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking0
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame, Stone
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpaceDeck - Wood
ZoningC-1
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesSkylight(s)
Terms
Interior Features for 2 Hingham St, Cambridge MA 02138
Disclosures for 2 Hingham St, Cambridge MA 02138
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area DisclosureLiving area is approximate. It's for marketing pur
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceEstimated
Total Gross Expenses By Broker$0
Total Gross Income By Broker$32,450
Total Net Income By Broker$308,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation1%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Location Information for 2 Hingham St, Cambridge MA 02138
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Medical Facility, Bike Path, Public Transportation, T-station, Tennis Court(s), Private School, University
Contact Information for 2 Hingham St, Cambridge MA 02138