CCertihomes
697 Cambridge St, Boston, MA 02135

$3,400,000

0 beds 0 baths 14,880 sqft Built 1955Active

About this home

Do not miss out on this rare investment or end user opportunity in the heart of Brighton Center! This meticulously maintained Brick Medical office building boasts 16 units strategically located across the street from St. Elizabeth's Medical Center with ever-growing demand for medical services in the area. The building is comprised of Net Utility leases with virtually no vacancy rates and a dynamic leasing history. TAW and short lease terms offer investors endless opportunity and optimal flexibility to position the asset for the future however they see fit. Professionally managed with elevator access to all 4 floors and a large surface lot with 24 OFF STREET PARKING SPACES. Seamless access to Boston Landing, the Green Line T, St. Elizabeth's, Mount Auburn Hospital, Longwood Medical, MA Pike, downtown Boston and so many more local amenities. 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
$25,394/mo

Real estate (PITI + HOA + PMI)
$25,901
Principal + interest$15,421
Property tax + insurance$9,205
PMI / 2nd mortgage$1,275
Utilities
$1,079
Heating + cooling$378
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$125
Car insurance + maintenance$125
Other (entertainment)
$157
$25,394/mo TLC
Budget$25,894/mo
Remaining after TLC$500/mo
Purchase price
$3,400,000
Down payment
$170,000 (5%)
Loan amount
$3,230,000
APR
4%

Quick facts

Type
COM
Style
Year built
1955
Lot size
0.26 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$66,594
MLS #
73239803
County
Suffolk

Neighborhood — 02135

MetricThis ZIPCountyUSA
Population37,1466,444,931299,088,112
Population Change Since1990-8.00%7.00%20.00%
Population Density12,935786
Male17,7363,127,134147,432,321
Female19,4103,317,797151,655,844
Never Married19,2481,612,88563,775,926
Married8,6702,586,314123,120,365
Separated1,595247,85712,639,686
Widowed1,926363,59415,467,586
Divorced1,744436,88823,075,029
Number Of House Hold17,1472,431,591111,826,380
Average House Hold Size2.122.562.60
Medial Age31.0837.2535.46
Median House Hold Income$50,141$57,698$48,276
Average House Hold Income$57,644$75,023$63,629
P C I$27,178$29,196$24,529
M D I$42,428$48,105$41,133
A T H E$47,997$57,083$50,898
S T R5.00%5.00%
W C J81.44%81.38%77.74%
(Zip) Code
2135

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 5/17/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.