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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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178 Richdale Ave , Cambridge, MA 02140
$3,800,000
Est. Payment: $8,444.44/mo
18 Bed
6 Bath
6279 Sqft
Status: Under Agreement | Days on site: 233
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AN2723 - CN234145
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House Description

178 Richdale Ave is located between the Avon Hill and Porter Square neighborhoods. The three-story building contains six (6) total units comprised of three (3) 4-Bedroom/1-Bathroom units and three (3) 2-Bedroom/1-Bathroom units with 6,279 square feet of gross living area and 8,404 square feet of gross area. The Property is situated upon a 10,506 sqft (0.24-acre) parcel and offers ample parking with sixteen (16) spaces available via a large lot to the side and rear of the Property. In-place rents are significantly below the current market rates; the opportunity exists to continue to drive rents to the top of the market in the competitive and desirable Cambridge multi-family market. The Property has been well maintained and features large units with generously sized common and kitchen areas, offering a highly desirable and functional layout. Additionally, the large well-situated lot lends itself for a higher density redevelopment given recent changes to Cambridge zoning.

Highlights

Listed by Tess Kohanski , 617-213-7880 Horvath & Tremblay , 781-776-4000.

Property Type

Multi-Family

Lot/Acreage
0.24

Year Built

1920

County

Middlesex

Area

Porter Square

Listing ID

73468230

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:18
  • Bathrooms:6
  • Full Bathrooms:6
Water:Public

Exterior Features

Garage Capacity:16
Zoning:C-1
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 16
Principal Interest
$8,444
Taxes
$1,558

Home Price

$3,800,000

Loan Details

30 yrs
%

Down Payment

20%
$760,000
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Monthly Price:
$8,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,444.44 $1,558.25 $0.00 $10,002.69
Yearly $101,333.33 $18,699.00 $0.00 $120,032.33
Total $3,040,000.00 $560,970.00 $0.00 $3,600,970.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Cambridge, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.