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$1,799,000   Price Analysis
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59 Seventh St
Cambridge, MA 02141
6 bed 3 bath 3,184 SqFt ($565/SqFt)
1,799SqFt lot. Built 1873
Listed 2024-04-24, Taxes $7,744
Ⓧ USDA Ineligible
due to price & location

near Cambridge

Don't miss this opportunity for investors in the heart of East Cambridge

* Has Contingent Offer *

Moments from the innovation hub of Kendall Square. This charming 3-family property presents an ideal investment prspect, boasting a tremendous location but also a rare two-car garage, a coveted asset in this bustling neighborhood. Each unit offers 2 bedrooms, modern kitchens and rear porches that add a dimension of appeal, providing outdoor retreat to unwind amidst the urban bustle.

Convenience is key, with the nearby Green Line facilitating effortless commutes to downtown Boston and beyond. Kendall Square's vibrant ecosystem of tech giants, startups and academic institutions promises a steady flow of potential tenants, making this property an attractive choice for investors seeking long-term returns. Whether you're a seasoned investor or exploring your first foray into real estate, this East Cambridge gem offers a rare blend of location, amenities and potential that's not to be missed.


Presented by Mark Lesses at
Coldwell Banker Realty - Lexington.
Listing Agent Photo

Property MLS #73228150 from MLSPIN

Bedrooms: 6

Total Rooms: 17
Basement Description: Full, Bulkhead

Total Bathrooms: 3
Full Bathrooms: 3

Living Room
Dining Room
Kitchen
Flooring: Vinyl, Hardwood
Window Features: Insulated Windows

Range
Refrigerator
Dishwasher

Heating Features: Baseboard, Natural Gas
Heating: Yes

Covered Spaces: 2
Garage Spaces: 2
Parking Features: Off Street
Parking Total: 2

Patio And Porch Features: Porch
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Road Surface Type: Paved

Lot Description: Corner Lot
Lot Size Acres: 0.0412994
Lot Size Square Feet: 1799

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 3

Community Features: Public Transportation, Shopping, Park, T-Station

Annual Tax Amount: 8456
City Region: East Cambridge
Source Listing Status: Contingent
County: Middlesex
Directions: Camb to Seventh
Tax Year: 2024
Source Property Type: Residential Income
Exclusions: Unit 3 Refrigerator Not Included, 1st Floor Stove Not Included In Sale (New Stove Will Be Installed)
Parcel Number: 400939
Zoning: C-1
Property Subtype: 3 Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$701,900 + $619,600
$1,321,500
$7,744
2022$634,800 + $625,800
$1,260,600
$7,463
2021$611,300 + $614,100
$1,225,400
$7,169
2020$593,200 + $619,900
$1,213,100
$6,975
2019$545,100 + $608,000
$1,153,100
$6,849
2018$491,400 + $504,200
$995,600
$6,262
2017$466,500 + $450,800
$917,300
$5,953
2016$430,600 + $353,000
$783,600
$5,477
2015$375,200 + $302,500
$677,700
$5,300
2014$344,200 + $234,300
$578,500
$4,848
2006$346,000 + $218,800
$564,800
$4,168
2005$321,300 + $218,800
$540,100
$4,202
2004$280,900 + $216,000
$496,900
$3,791
2003$216,100 + $216,000
$432,100
$3,137

Listed 2024-04-24
$1,799,000
MLSPIN

Electric: Circuit Breakers
Sewer: Public Sewer
for Gas Range
for Gas Oven
Water Source: Public

Year Built: 1873
Building Area Total: 3184
Building Area Units: Square Feet
Construction Materials: Frame
Foundation Area: 999
Foundation Details: Stone
Property Age: 151
Roof: Rubber
Levels or Stories: 6
Year Built Details: Approximate
Year Built Source: Public Records

Cambridge Street Upper School is a public middle school located approximately 0.1 miles away.
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Kennedy-Longfellow School is a public elementary school located approximately 0.1 miles away.
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Community Charter School of Cambridge is a public middle and high school located approximately 0.2 miles away.
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Malik Academy/ Al Bustan Preschool is a private elementary school located approximately 0.8 miles away.
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Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.