Cambridge, MA 02138 2 Hingham St
$6,250,000



7 more








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Home Details
RARE OPPORTUNITY! INVESTOR’S DREAM! TURNKEY EIGHT-UNITS PROPERTY W. EXCELLENT LOCATION AND HIGH RENTAL INCOME! This 3 level GEM nestles at a corner lot between Hingham St and Putnam Ave, including four townhouse-style units facing Hingham St, and four studio units with access from Putnam Ave. Each townhouse unit offers 3 levels of comfort living, first level features open concept living, dining area, kitchen and a half bathroom. Second floor hosts two bedrooms, and a full bathroom w. laundry unit. Top level boasts two bedrooms, including a master ensuite. Each studio apartment w. separated entrance features full kitchen and bathroom. All units are under leasing cycles as August 31st, w. total monthly rental income $32,450. Steps away from Charles River, Harvard Business School, Harvard Main Campus, near MIT, walking distance to Red Line Central Station, and quick access to Storrow Dr. and I90. Don’t miss out on this Rare Opportunity! GROUP SHOWING only.
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Interior Features for 2 Hingham St
Bedrooms
Total Bedrooms20
Bathrooms
Half Baths4
Total Baths16
Other Interior Features
Air Conditioning Y/NYes
BasementPartial, Partially Finished
Fireplace Y/NNo
FlooringTile, Vinyl, Hardwood
Heating Y/NYes
Interior AmenitiesStone/Granite/Solid Counters, Living Room, Dining Room, Kitchen
Laundry FeaturesElectric Dryer Hookup
Total Fireplaces
Total Stories13
Window FeaturesSkylight(s)
General for 2 Hingham St
AppliancesDishwasher, Freezer, Washer, Refrigerator
Building Area UnitsSquare Feet
Certified TreatedUnknown
CityCambridge
Community FeaturesPublic Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station, University
Construction MaterialsFrame, Stone
CoolingWindow Unit(s)
CountyMiddlesex
DirectionsMemorial Drive to Hingham St.
DisclosuresPhotos are from a year ago, new photo will be uploaded. Seller has never lived in the property. Buyer and buyer's agent do their own due-diligence. Current rent covers utility expenses.
Full Baths12
Garage Spaces
Garage Y/NNo
Gross Income32450
HeatingBaseboard, Natural Gas
Home Warranty Y/NNo
Levels13
Lot Size Square Feet3808
Lot Size UnitsAcres
Net Operating Income308400
Number Of Units Total8
Patio/Porch FeaturesDeck - Wood
Property Subtype5-9 Family
Property TypeResidential Income
Rent IncludesUnit 1(Heat, Electric, Gas, Water, Hot Water), Unit 2(Heat, Electric, Gas, Water, Hot Water), Unit 3(Heat, Electric, Gas, Water, Hot Water), Unit 4(Heat, Electric, Gas, Water, Hot Water)
RoofTile
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Sub-Agency Relationship OfferedNo
Tax Annual Amount32960
Tax Assessed Value5190500
Tax Year2025
Total Actual Rent23600
Total Rooms36
Utilitiesfor Gas Range, for Gas Oven, for Electric Dryer
Year Built1920
Year Built DetailsApproximate
Year Built SourcePublic Records
ZoningC-1
Exterior for 2 Hingham St
Building Area Total8160
Covered Spaces
Foundation DetailsStone
Lot FeaturesCorner Lot
Lot Size Acres0.09
Lot Size Area0.09
Parking FeaturesOn Street
Road Frontage TypePublic
Road Surface TypePaved
SpaNo
Total Parking0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History

Paula Johnson
REALTOR