18 Fainwood Cir new

Cambridge,MA 02139

$ 2400000

12 Beds

3 Baths

3669 SqFt


Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,669 sqft

Price per Sqft $654

MLS Listing ID 73314083

Bedrooms 12

Full Baths 3

Year Built 1916

Annual Tax Amount $15,060

Tax Year 24

Lot Size 4,356 Sqft

Property Description

18 Fainwood Circle consists of a three-story building with three 4-Bedroom/1-Bathroom units (currently rented as 3-bedroom units). Each of the units are separately metered for heat (gas - steam radiators), hot water, and electricity. The opportunity exists to utilize each unit as a 4-bedroom unit as well as potentially adding a 2nd bathroom by utilizing the pantry space in the kitchen. Unit 1 features in-unit washer and dryer and an enclosed porch (all season) at the rear of the unit. Units 2 and 3 have access to a laundry facility in the basement, and feature front and rear porches. Additionally, the building has a tandem parking space that can accommodate 3 vehicles. 18 Fainwood Circle is well maintained with recent capital improvements. The opportunity exists, through programmatic upgrades, to significantly increase the rental income or position the property for a condo exit.

Location

State MA

County Middlesex

Zoning C-1

Exterior

Community Features Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Private School,Public School,T-Station,University

Waterfront false

Roof Type Rubber

Building

Lot Description Other

Story 6

Foundation Other

Sewer Public Sewer

Water Public

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