CCertihomes
195 Green Street, Cambridge, MA 02139

$3,499,999

16 beds 4 baths 5,000 sqft Built 19204 days on marketActive

About this home

Incredible opportunity to own a prime 4 unit investment property located in the heart of Central Square! Composed of 4 spacious 4 bedrooms and 1 bathroom layouts, approximately 5, 000 sf of livable space while boasting an impressive 2024-2025 annual rent roll of $220, 200. Each unit has 4 spacious bedrooms, high ceilings, central AC and a flexible floor plan with so much untapped potential to create even more long term value. Additional amenities include a recently renovated court yard with private entry access, an on site coin op laundry room and ample storage space in the basement. Prospective investors will be able to capitalize on convenient proximity to Central Sq, Inman, E Cambridge, MIT, the Red Line T, downtown Boston, and some of the most vibrant restaurants in the city. All 4 units have been converted into condos providing flexibility and lucrative long term potential for savvy investors. Do not miss out on this rare offering!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$21,169/mo

Real estate (PITI + HOA + PMI)
$21,881
Principal + interest$15,874
Property tax + insurance$4,694
PMI / 2nd mortgage$1,313
Utilities
$754
Heating + cooling$215
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$120
Car insurance + maintenance$120
Other (entertainment)
$158
$21,169/mo TLC
Budget$21,669/mo
Remaining after TLC$500/mo
Purchase price
$3,499,999
Down payment
$175,000 (5%)
Loan amount
$3,324,999
APR
4%

Quick facts

Type
4 Family - 4 Units Up/Down
Style
Year built
1920
Lot size
0.1 ac
Stories
10
Heating
Cooling
Water
Public
HOA
Annual tax
$16,415
MLS #
73228513
County
Middlesex

Home features

Community
Public TransportationShoppingParkMedical FacilityLaundromatHighway AccessPrivate SchoolPublic SchoolT-StationUniversity
Parking
On Street
Sewer
Public Sewer

Lot features

Other

Neighborhood — 02139

MetricThis ZIPCountyUSA
Population36,0836,444,931299,088,112
Population Change Since19909.00%7.00%20.00%
Population Density20,337786
Male18,5173,127,134147,432,321
Female17,5663,317,797151,655,844
Never Married17,6611,612,88563,775,926
Married8,7202,586,314123,120,365
Separated2,369247,85712,639,686
Widowed857363,59415,467,586
Divorced2,221436,88823,075,029
Number Of House Hold14,8482,431,591111,826,380
Average House Hold Size2.102.562.60
Medial Age29.4637.2535.46
Median House Hold Income$50,836$57,698$48,276
Average House Hold Income$69,898$75,023$63,629
P C I$32,894$29,196$24,529
M D I$43,158$48,105$41,133
A T H E$54,845$57,083$50,898
S T R5.00%5.00%
W C J85.12%81.38%77.74%
(Zip) Code
2139

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 4/25/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.