133 Dudley Street, Cambridge Listed at $1,000,000
15 Total Rooms
6 Bedrooms, 3 Baths
Parking for 3 Cars, Tandem Driveway
4582 Sq Ft Total Living Area
3492 Sq Ft Lot Size
Description
Standard 3-Family
house on Dudley Street in North Cambridge, a 10 minute walk to Alewife Station
and a 13 minute walk to Davis Square T-station. Features 3-car tandem driveway
and small yard. Each unit has 5 rooms, 2 Bedrooms, 1 bath. Hardwood floors in
each unit. Rear porches. Laundry hook-ups in 2 units. Laundry in basement. 1
heating system is brand new. Newer rubber roof and windows. Vinyl siding.
Could be converted
to three 4-room 3 bedroom units. With a little work, the rent potential for this building is $2300-2400/mo for a potential
$86,000/annual gross, creating a 7% Cap Rate.
Current
Rents
Unit #1 – Vacant
Unit #2 - $1800 leased to August 31st,
2014
Unit #3 - $1600 leased to March 31st,
2014
Operating
Costs
$6070 - Taxes
$2297 - Water/Sewer
$3000 – Maintenance (estimated)
Contact
Robert Ortiz
617-756-5195 cell
Cambridge Realty Group
245 Hampshire Street
Cambridge, MA 02139
617-661-6600 office
617-492-0330 fax
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